Range Resources - Re: RRL Stream Log - maths: please forgive me if...

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20:31 08/11/2014

maths: please forgive me if I have got something wrong here as working in the banking and finance industry that's more than possible but isn't a company basically valued at what it's worth in the eyes of the market so that's share price x number of shs in issue...now my average is around 1.3 which not long ago I was very happy with after averaging down from 2.5 by putting 3/4 of my pension into this thing. now holding 5m shares and with what's being discussed here may not even break even. God only knows what fellow Rangers with averages in doubles must think however my point is how on earth do folks even begin to believe this will rise to 5p never mind 10p unless there is some meteoric turnaround with a buy back of shares way down the road.. More likely get bought out and unless we invest in the cash back into whoever buys us and I bet that wont be straight forward that will be it. God I hope im wrong but just amazed at some of the math here even if it is AIM. tell me im wrong someone!

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