ROC 4.17% 12.5¢ rocketboots limited

massamabala, page-2

  1. 13,980 Posts.
    lightbulb Created with Sketch. 1053
    If you want to do your investments based on a Wikipedia Petroleum engineering course, then good luck to you.

    Many ROC fields simultaneously at or near peak, yet there is no mountain of surplus cash building.

    I exited recently, had been waiting since Dec for an Angola fever high to exit, but gave up even on that. PSC terms are poor, and probably shady. Shareholder communication is abysimal. Apache purchase appears ill-judged. If not for the rising poo over the past 4 years the company would long ago have collapsed under extraordinary cash burn/overheads.

    EL
 
watchlist Created with Sketch. Add ROC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.