RRS range resources limited

Do not currently have a holding in Range although I will be...

  1. 16 Posts.
    Do not currently have a holding in Range although I will be looking to get in around 4p tomorrow on the LSE. Heard that the Texas sale is as good as done and value-wise relates to around 35% of the current market cap!!!! Take a percentage away to cover operational costs and I am told the rest is to be used in a share buy-back deal. This will hopefully take around 10- 15% of shares off the market! Rather significant not just due to the dilution in the past being reversed but to keep the shares in issue in demand!

    Feel sorry for long term holders for the recent drops but i believe in a years time 11p will look like a bargain!

    P.s dont write Puntland off completely, heard Nugaal is the bogs dollocks!
 
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