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World Stocks

Range Resources

Worldstocks winding up

(ASX:RRS / AIM:RRL / PINK:RGRLF & RGRYY)
Informed Discussion. No ramping. No deramping.

Worldstocks winding up

Post Wed Aug 01, 2018 12:49 am

Looks the end for worldstocks. This is the first time I've seen so many lthrs selling up. As much as Loadsa and I fought I'm genuinely sad to see a big Range supporter call it a day.

It really does feel like this is it with the debt looming and usual 1 step forward, 2 steps back performance.

The fk up with the storage and truck was just amateur and the new geological tool line made me cringe... Sounds like they are buying a magic wand. It was LO that put the mail in coffin and then management's sleepwalking to the edge of the cliff. Too little too late. The amount of strategy changes that are just swept under the carpet... The latest being a trumpeted accelerated drilling campaign downgraded to infrastructure updates with no reference to the review. The lack of clear communication with the market has contributed massively to the death of range.

So worldstocks goes the way of Rum.

I'll miss you lot.
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Razzledazzle
 
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Re: Worldstocks winding up

Post Wed Aug 01, 2018 6:24 am

Such a shame. Posters can join me over on ADFVN. We could do with some help against some nasty trolls. My good friend Celticheart is there too
Lewisyfawr
 
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Re: Worldstocks winding up

Post Wed Aug 01, 2018 7:25 am

I’m pleased to see long term holders selling up. Im just sad that some have kept throwing more and more into this dog and have lost even more money. It’s sheer madness IMHO. It’s a lifestyle company and there’s been very little real proof that things are improving.

The SP has to now almost quadruple just to get back to even the suspension price. There’s far better O&G companies out there. GLA
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miniboy
 
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Re: Worldstocks winding up

Post Wed Aug 01, 2018 7:59 am

Well.....I'm not selling up at this price. 25m shares. Will sell when this recovers to 0.5p....which it will imo.

Thank goodness for USOP though.....

W
Wiggy
 
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Re: Worldstocks winding up

Post Wed Aug 01, 2018 8:05 am

To me it's also the gift of £1m of monkey business to the city that has been a real pisser. Impossible to tell what's really happening with the trades. But you know it's not for our benefit.
In hindsight the recent up to 0.25/0.30 was probably that lot in on the advance info. Tomorrow will mark 8 years since I first put money in here... what a waste of a life.
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ErraticPhil
 
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Re: Worldstocks winding up

Post Wed Aug 01, 2018 8:10 am

I've been here from 16p to 0.095

Unbelievable destruction of shareholder value. To think I sold sound to buy range.

I'm absolutely gutted
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Razzledazzle
 
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Re: Worldstocks winding up

Post Wed Aug 01, 2018 8:36 am

If it helps your mood, i sold my SOU and put profit in here only to loose on the spike down from 0.12 to 0.093
I am done
AdeMcG
 
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Re: Worldstocks winding up

Post Wed Aug 01, 2018 8:46 am

I think there is all to play for. I am even hoping for a dividend mid term
Lewisyfawr
 
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Re: Worldstocks winding up

Post Wed Aug 01, 2018 8:47 am

Lewis, what are you smoking?
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Razzledazzle
 
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Re: Worldstocks winding up

Post Wed Aug 01, 2018 9:02 am

What’s that old saying “while everyone sells that’s the time to buy”. Range have been oversold and I am looking to top up and spend the dividends when they come. Don’t listen to the trolls
Lewisyfawr
 
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Re: Worldstocks winding up

Post Wed Aug 01, 2018 9:14 am

My good friend Celtic tells me it is a fantastic investment and I believe him why would he lie. He is a very honourable gentleman
Lewisyfawr
 
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Re: Worldstocks winding up

Post Wed Aug 01, 2018 9:59 am

f*** off Oma
FUBAR@Birth
 
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Re: Worldstocks winding up

Post Thu Aug 02, 2018 10:20 am

Lewisyfawr wrote:
> My good friend Celtic tells me it is a fantastic investment and I believe
> him why would he lie. He is a very honourable gentleman

Unlike you then Yuff, Nas, breadmaker who is using someone else's identity. Reported!!
Celticheart07
 
Posts: 182
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Location: Wales

Re: Worldstocks winding up

Post Thu Aug 02, 2018 10:58 am

Sorry .lths have run out of patience. At best the sp might get back to 0.16p or 0.19p..but will need some seriously good news to get there

Talking about dividends is absolute nutter talk. Range has a serious debt pile and any funds will be held and used to pay off the debt
..but before that..we have a serious issue of our cash position winding down quarter after quarter with little bopd to balance the overall expenses (hence the placing. )

According to my forecasts. .range will run out of money by the new year. Take note of this...

As such I too ended my Range investment 2 days ago as I informed everyone and now want to ensure that no one else throws good money after bad here. Not deramping. ..stating the facts!

And yes there are much better oil and gas shares out there with transformative news soon which will help me recover at least some of the 65k I have lost here since 2009
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Invester_Tester
 
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Re: Worldstocks winding up

Post Thu Aug 02, 2018 7:37 pm

Not quite a blue day but tomorrow’s another day and the sun is out

Enjoy life
Lewisyfawr
 
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Re: Worldstocks winding up

Post Thu Aug 02, 2018 8:59 pm

Price may get back to 0.16-0.19p?

Lol really Invester Tester?

How can you predict the future?

We have some dough, things may go our way for once, i am defo not selling up till adleast 0.8p anyhow!

Sell up guys go f**k off

I am staying put, i have seen slow but steady improvement last few quarters so look forward for some luck in future

For now will only check SP next rns, life too short to worry about it now , family time
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Starhero
 
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Re: Worldstocks winding up

Post Fri Aug 03, 2018 1:00 am

I think if they announce an rrsdl contact and the spudding of the first development well... Likely this quarter we'll see a bounce back to the 15-20 trading range, maybe higher on sentiment alone.
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Razzledazzle
 
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Re: Worldstocks winding up

Post Fri Aug 03, 2018 5:19 am

Flat on ASX and oil price up. Perhaps we will see a turning point on AIM today. Looks like it’s going to be a scorcher outside and hopefully Range tick up. Good luck fellow shareholders as we deserve some better news. Anybody heard anything from Eva since her untimely holiday?
Lewisyfawr
 
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Re: Worldstocks winding up

Post Tue Aug 07, 2018 1:07 pm

OUT

I put 50k in and I just sold for 2.3k. I cannot put forward an argument for any upside whilst the downside potential is massive.
I feel strangely relaxed about this, possibly because nearly 5 years of pain is over.
Good luck to those still in.



Darren
Xbigman
 
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Re: Worldstocks winding up

Post Tue Aug 07, 2018 1:45 pm

To all genuine investors, please note that the poster Lewisyfawr is a Troll we have seen on here many times with many names that has hijacked the real Lewis's username from ADVFN in an attempt to make him look like a hopeless ramper which is far from the truth. I know Lewis personally and he has asked me to make you aware of this deception.
Celticheart07
 
Posts: 182
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Location: Wales

Re: Worldstocks winding up

Post Tue Aug 07, 2018 5:23 pm

Funnier though.
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ErraticPhil
 
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Re: Worldstocks winding up

Post Tue Aug 07, 2018 7:20 pm

CH

Thanks for telling us. We all had absolutely no idea about that. We are all thick. Thank God you are vigilant.

W
Wiggy
 
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Re: Worldstocks winding up

Post Tue Aug 07, 2018 7:55 pm

Xbigman wrote:
> OUT
>
> I put 50k in and I just sold for 2.3k. I cannot put forward an argument for
> any upside whilst the downside potential is massive.
> I feel strangely relaxed about this, possibly because nearly 5 years of
> pain is over.
> Good luck to those still in.
>
>
>
> Darren

Adios Dazzer.

W
Wiggy
 
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Re: Worldstocks winding up

Post Wed Aug 08, 2018 8:15 am

You are not thick Wiggy
Lewisyfawr
 
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Joined: Aug 2018

Re: Worldstocks winding up

Post Wed Aug 08, 2018 10:30 am

There you go Yuff/Oma you got someone to side with you. Time admin booted you off this site simply for using someone else's identity just so you could post Wiggy's comment on ADVFN.
Didn't Wiggy tell you to shut up recently?
Celticheart07
 
Posts: 182
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Location: Wales

Re: Worldstocks winding up

Post Wed Aug 08, 2018 10:38 am

Celtic don’t let the trolls get to you....stay strong for Range......onwards and upwards
QANTAS
 
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Re: Worldstocks winding up

Post Wed Aug 08, 2018 12:44 pm

Don't think it's Oma, there is an absence of self-superiority in the postings. And it's vaguely amusing, which Oma never was.
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ErraticPhil
 
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Re: Worldstocks winding up

Post Wed Aug 08, 2018 1:12 pm

Just imagine it was a new shareholder posting....that would be mental! We haven't had one of those since 1842
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Momo
 
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Re: Worldstocks winding up

Post Wed Aug 08, 2018 8:47 pm

Coming from you ErraticPhil that means a lot
Lewisyfawr
 
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Re: Worldstocks winding up

Post Thu Aug 09, 2018 7:58 am

Lewisyfawr wrote:
> Coming from you ErraticPhil that means a lot

Standby for a comment from Qantas, and then his next alter ego.

Mate you still got a long way to go to catch James McAvoy in split, however I guess that’s your overall aim?
ritchieg01
 
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Re: Worldstocks winding up

Post Thu Aug 09, 2018 9:15 am

Ritchie

No idea what you are talking about but Lewis has completely lost it on the other side, let’s hopr it doesn’t manifest itself over here, mind you it might make it a bit more lively :)
QANTAS
 
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