Long Run Explor Ltd Ord WFREF

Sideways trading

[yngnvstr]

Can anybody comment or shed light on the sideways trading today.  Seems as though 5.30 is where it will stay for a while.

[Shlinker_]

I can comment on the side-ways trading in five (5) simple words. This stock is beyond pathetic. All support levels are non-existent, and selling "due to the recent transaction with Crocotta" is a load of garbage. The market hates management. The 2P reserves alone are worth this share price, total disregard for NAV, current production, and the +8% annual dividened. Ok, more than three

[bossu]

May be lots of LRE shareholders are disgruntled and have sold.... So you know what to do: Or you sell or stay put. Weakening of oil and gas price make a lot of damage and we have to live with that reality.

[barneyj44]

Have to agree there, the Market doesn't like pile on the debt Andrews, how was he thought of when he was in charge of Penn West, did we pay too much for Crocotta now that oil is heading south?