At some stage the market will realize Brent oil wont average 95 this year and thus ROCs valuation is much higher than 50-68 cents. Funny thing is in all the broker reports I have read even in the bull case valuations the highest oil price used is 125 and we are now at 127.
Every day, every week , every month ROCs cumulative revenue becomes much higher and thus it's true value becomes higher. Interesting ROC has an opportunity to lock in prod at very high rates
At some stage the market will realize Brent oil wont average 95...
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Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $17.98M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 10.5¢ | $540 | 5.137K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 128332 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 13979 | 1 |
View Market Depth
| Last trade - 14.48pm 11/09/2025 (20 minute delay) ? |
| ROC (ASX) Chart |