Sources claimed ROC’s surprise suitor, which approached the...

  1. 1,426 Posts.
    lightbulb Created with Sketch. 122
    Sources claimed ROC’s surprise suitor, which approached the company last Friday, is an Asian company. Although many pointed to a cashed-up Chinese buyer, it is worth noting Hong Kong-listed oil trader Brightoil Petroleum cast an eye over ROC a few years ago. However, some have questioned why BrightOil would return at a higher price. Another potential candidate is Tamarind Energy, run by Ian Angell, who previously worked for Talisman Malaysia. The firm has a funding commitment from private equity giant Blackstone and a tilt at ROC would fit with their investment ambition. While the takeover bid caught the market unawares, it is understood a fourth party may emerge. AWE and Senex are known to be considering their options.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
8.0¢
Change
0.000(0.00%)
Mkt cap ! $11.65M
Open High Low Value Volume
7.9¢ 8.3¢ 7.7¢ $30.18K 375.6K

Buyers (Bids)

No. Vol. Price($)
1 31582 7.9¢
 

Sellers (Offers)

Price($) Vol. No.
8.5¢ 10000 1
View Market Depth
Last trade - 13.45pm 18/06/2025 (20 minute delay) ?
ROC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.