RRS 0.00% 0.1¢ range resources limited

Saw your comment on iii but I think you will find that the...

  1. ds
    7,131 Posts.
    Saw your comment on iii but I think you will find that the shareholder regiter won't show the true picture for weeks. I think MM's have a few weeks to register or cover short positions (can anyone confirm this) so the AIM holdings is often distorted short term.

    I am pretty sure it has been managed down and now they have been soaking up RRS & RRSO (unbelievably at a discount!) and then will exercise and convert to AIM.


    We won't know if this is correct for weeks when we see a 3B but it wouldn't surprise me if 10-50m options are exercised giving Range another few million in the bank and if AIM holdings are closer to 75% than 70% but the end of Dec.
 
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