I agree wild cat, the management and board of RRS have managed to devalue the SP to a point where investors and current holders are unwilling to invest their hard earned cash and are unlikely to do so in the near future as can be seen in embarising low volumes.
After a dissapointing drilling campaign in Puntland, and Georgia added to this poor information coming out only after it had been leaked on Forums and BB, no wonder investors are hestitant.
Trinidad's update should have shown a rebound in the SP what did it do go up by 4/10 C only to fall again today with the SP being sold at low levels. RRL is trading higher, I hope it will follow through to here but it is constantly shorted. I would love to see it reach the OPL target but is it just ramping.....
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