Thanks for that Rager1965. It made very interesting reading.
ROC, IMHO is not in the best position currently with these financial turmoils, especially when they are so highly debt geared.
The market is telling us something, with their share prices gown down and down in a spiral. Unfortunately, AZA is currently tied up on this deal and it is also suffering as a result.
Today's prices show that AZA has picked up against the ROC shares, and if someone is contemplating to accept the ROC offer, he would be better off to sell on the market.
IMHO, Cash on hand, is better than scrip for scrip.
Good luck to holders.
Buddy
AZA
anzon australia limited
