ROC 1.16% 8.7¢ rocketboots limited

Gongboy Couldn't agree more - I had a ton of ROC and sold out at...

  1. 2,739 Posts.
    Gongboy

    Couldn't agree more - I had a ton of ROC and sold out at 67.5c to buy more TLS. The HZN deal wasn't such a mess that because of embarrassment they had to sell to any slightly better bid. If HZN was such a great deal - what then did they see as the intrinsic value that would emerge after merging with HZN? Did they not have a timeframe and a down-the-track value exceeding 69c. Surely they did.

    There is an obscene hast here that defies understanding. For a company in rebuild mode I thought they were doing pretty good. I would have thought that if they carried on business as usual they could have passed through 69c by themselves some time next year. Please explain.
 
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