RRS 0.00% 0.1¢ range resources limited

price now in london, page-2

  1. ds
    7,131 Posts.
    they will come down and we will go up. If offshore investors there REALLY want this stock they will keep buying and the arb players will buy all the available paper here and convert it to AIM stock. Only then will we see genuine performance down here. It will take many 10's of millions to change hands first (and don't count today as 45m - it was 20m of churn and 25m really changing hands.

    If we can get the free float down here smaller then we can see some crazy illiquid upside - until then it will disappoint.

    On a positive note - they have changed their ways - usually they would go to suspension and cancel all orders before pumping - this time it was more like - they wanted it to trade with a little info out there (perhaps so interested parties can accumulate at reasonable prices?) and then by the looks of things there are a string of pretty good potential annoucements over the next couple of months.
 
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