Extended period of underperformance by ROC and nothing out of Allan Gray.
ROC Board finally embarks on an initiative that results in a 20% SP appreciation, and Allan Gray pipes up to try to block the initiative. And with its relatively small holding, it looks like a futile exercise that only wastes money and diverts attention.
I'm sympathetic to the view that shareholders should have a say when a company is contemplating a greater-than-50% "dilution", but why not do the hard yards and take it up with the rule-maker (ASX), rather than handicapping a single company in which you have an investment?
Extended period of underperformance by ROC and nothing out of...
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Last
8.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.65M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 60186 | 8.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.4¢ | 5000 | 1 |
View Market Depth
| Last trade - 15.10pm 19/06/2025 (20 minute delay) ? |
| ROC (ASX) Chart |
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