RRS 0.00% 0.1¢ range resources limited

looking very shaky

  1. 3,611 Posts.
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    are people giving up on the story? come on the big picture is still the same, the oil is still there

    too long to wait for drilling - July is only 4 mths away, small time to wait really - are people worried that drilling wont happen on time again?

    political situation remains uneasy - not a day goes by without a negative story about Somalia. Will Puntland get the resources legislation through Parliament? if they do will it be good for the share price or are people too fixated on spudding?

    no buying support - why is AOI so strong and Range so weak?
    Does AOI represent so much better value?

    overall market so bearish at present - more hurt to come it seems

    at these levels it seems like a buy, but everytime i think that it goes even lower!!!!!!!!
 
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