Hi folks - following from my early post that shows a marked change in analysts views of ROC over last 2 years , and more importantly over last few months - we must remember that ROC was a oil poster child of many firms - it then fell hard destroying and hurting many broker forms along the way - some stopped coverage - others put a sell or hold . It is these recommendation that drive insto and retail demand
What we are now seeing is many are returning to cover ROC increasing the demand and awareness . Also analysts views have moved towards a very positive view , so in my view this shift will result in increasing demand now , but also provide the platform for a bigger rerating as results come through
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the importance of consensus analysts opinion
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