ROC 0.00% 7.5¢ rocketboots limited

anyone know the be price per barrel, page-2

  1. 2,499 Posts.
    ROC has been reporting losses or very small profits the last few years when oil prices were through the roof. I'm no expert but I don't think we can expect shareholders to be showered with cash and profits now that oil prices are tanking. The business needs to make $500 million plus in distributable, take home profits just for buyers to recoup their investment at current share price levels. To be honest I can't see this happening.

    I wish someone can present a positive analysis but I can only see pain in this stock. I bought into this on intelligent investor's recommendation - can you believe these guys were calling it a buy at $3 plus - which was supposed to be a conservative valuation. What a joke really. They expect ROC to 'conservatively' make US$30 profits a barrel or something. Right now that oil is heading below $30 let's see how they get out of this one.
 
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Last
7.5¢
Change
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Mkt cap ! $8.264M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 130000 7.3¢
 

Sellers (Offers)

Price($) Vol. No.
8.4¢ 133157 1
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Last trade - 14.40pm 24/12/2024 (20 minute delay) ?
ROC (ASX) Chart
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