Although I'm not holding as iv just been short term trading ROC.
I was very bullish on ROC's long term. However given the current earnings multiple, I feel the deal is not that great for current ROC holders.
I think we would have been far better served using our capital position to continue to acquire intrests like the malaysian field
Despite all that I think all holders will do well put of the deal I just think horizon with all the balance sheet strength ROC are bringing are getting a great deal
- Forums
- ASX - By Stock
- roc rolls with the merger punches
Although I'm not holding as iv just been short term trading...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ROC (ASX) to my watchlist