Range Resources – Flagging a Tweet from David Lenigas
By
Tom Winnifrith
PUBLISHED:
Jan 29 2013 @ 19:57
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Comments (5)
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More info about Tom Winnifrith
I flag this with no idea what is behind this but David Lenigas runs Leni Gas & Oil (LSE:LGO) which like Range Resources (LSE:RRL) has extensive interests in Trinidad. Both were mant to present at some shindig but Mr Lenigas tweeted a few hours ago:
David Lenigas @DavidLenigas
Range Resources has pulled out of presenting at the Trinidad oil conference last minute. No explanation!
This could just be my pal Dave doing a little stirring. I do not know. Range’s management might have personal reasons for not presenting but sometimes companies pull out as there is an RNS pending and they do not wish to be compromised in what they say. But there may be share price volatility ahead.
On a fundamental basis I continue to value Range at 1.5p ( as I explain here) and would thus be a seller at 3.35p
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Yet again Tom you prove that Tominos nothing but pizza and it appears “your mate” lenigas knows little about oil or indeed gas looking at his companies share price!
Adrian
I merely reported Lenigas’s tweet. I stated clearly that it may be a personal matter .
I thought it an odd tweet to send. Which is why I flagged it.
You will note that I have not tipped LGO
Tom
BRGMG69
I have not been tipping LGO either. If you weren’t a few avocados short of a green salad you’d know that.
Glad you accept my culinary expertise
Tom
‘This could just be my pal Dave doing a little stirring.’…..
I think your comment above just about sums it up…..
Bearing in mind the genuine tragic reasoning why Range couldn’t attend – it just shows the depths that some CEO’s and their ‘hangers on’ will plummet…..
Extremely unprofessional behaviour….but then its not as if either you or David Lenigas don’t have ‘form’…
Andy
I have no idea if EK is short of RRL. I think he is. He is long of QIH which have as a short. I write what I want not what suits him.
Best wishes
Tom