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Range Resources

Rns - new investor rights issue. £750,000 investment

(ASX:RRS / AIM:RRL / PINK:RGRLF & RGRYY)
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Rns - new investor rights issue. £750,000 investment

Post Mon Sep 09, 2019 2:16 am

https://www.asx.com.au/asxpdf/20190909/ ... 12l335.pdf

Interesting investor ......... and so the plot thickens.
FUBAR@Birth
 
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Re: Rns - new investor rights issue. £750,000 investment

Post Mon Sep 09, 2019 2:30 am

http://sramekbiodynamics.com/InvestorRelations.html

Are we really now in bed with these guys ? What’s the connection? They are a medical research company. They actually look like a proper legit company for once !!! What the hell do they see in Range. This can’t just be a simple investment punt in a struggling oil company.

Interesting they have offices in USA, Hong Kong and China
FUBAR@Birth
 
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Re: Rns - new investor rights issue. £750,000 investment

Post Mon Sep 09, 2019 8:29 am

As ever, you were first on block. And good early analysis of yet another twist in tale. Should push sp on a tad this week. I think any news seems to help - it reminds us that Kerry and Eva are there, at least.
cymrurhydd
 
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Re: Rns - new investor rights issue. £750,000 investment

Post Tue Sep 10, 2019 5:24 pm

The question is what return are they looking for? what's the sp they sell at.
Double bagger should be relatively easy, if not a tripple. But do we dare for more?
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Momo
 
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Re: Rns - new investor rights issue. £750,000 investment

Post Tue Sep 10, 2019 7:34 pm

On the samrek website, under investor relations. It points you to Tony Au and partners.
Guessing this is our facilitator in the investment. Appointed legal advisor to samrek in 2017.

Getting the feeling Ranges next buy will be another curve ball, most like hospital and medical related.

http://www.tony-au.com/

Tony Au
Managing Partner; Solicitor

Year of admission in Hong Kong: 1996
Principal Practice Areas:
Mergers and Acquisitions
Corporate Finance
Regulatory and Compliance
Intellectual Property and Technology Management, Transfer and Licensing
Civil Litigation
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Momo
 
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Re: Rns - new investor rights issue. £750,000 investment

Post Wed Sep 11, 2019 12:42 am

I wouldn’t be unhappy with that to be honest Momo.
FUBAR@Birth
 
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Re: Rns - new investor rights issue. £750,000 investment

Post Wed Sep 11, 2019 1:23 pm

M & S moved into groceries; Tesco moved into non-foods; WPP moved into advertising. All in last half century. All 3 still trade, and make money for shareholders and pay wages of lots of staff. So 3 examples of curved balls there - and plenty more, am sure. Having said that, I would like Range to develop and manage current assets or sell them to a company that will.
cymrurhydd
 
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Re: Rns - new investor rights issue. £750,000 investment

Post Thu Sep 12, 2019 7:43 pm

They could always go into drilling for water in counties that are short of it - they seemed rather good at it whilst drilling for oil!!!!!!!!!!!!!!!!!!!
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enfranglais
 
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