RRS 0.00% 0.1¢ range resources limited

TheBanker is promoting Range as a success over the last year...

  1. 3,341 Posts.
    TheBanker is promoting Range as a success over the last year based on a comparison of the market cap one year ago to the market cap today.

    This is misleading as the only thing shareholders wnat to know is the SP.

    One year ago the SP was around 4 cents, it even got to 5 cents. Today it is mid 2's. Yet TheBanker and other rampers will harp on about market cap. Can't buy and sell market cap.

    These are the same misleading people that 'analyse' mineral deposits, tell us about peace in Puntland, and inform us what is happening behind the scenes.

    So if you bought Range one year ago, and believe what TheBanker is trying to spin, then you've done very well.

    However if you, like most others, rely on the SP as a guide to your finances on the financial markets, then you'd better not rely on 'spin'!
 
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