RRS range resources limited

Both here and on AIM.18p and 27c are the key and then the move...

  1. ds
    7,131 Posts.
    Both here and on AIM.

    18p and 27c are the key and then the move should be approx equal to the last run up from 13c-27c from the mid point of the recent distribution ie 25c

    Target should be around 39c for the next consolidation are so call it 36-42c area.

    Despite continuous exercising of RRSO here the AIM holders have increased their holding to above 73% so they have bought another 3-4% of the company and absorbed all option exercises.

    I can't get excited about $1 cause I just can't believe we can have a market cap that big but when you are split across 2 exchanges and one of them is in a jurisdiction where the central bank has printed GBP200b through QE I guess the insane liquidity in the world can have anything occuring.

    I am down to half now and no regrets - still got enough to put a smile on the dial for each cent it rises.
 
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