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0.00% 7.5¢ rocketboots limited

brent aud , page-5

  1. Autosime
    20,412 Posts.
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    26/05/13
    10:20
    Post #: 11810037
    Hi Sharks
    Bounced off 41 twice which is a good thing.
    What I have found amazing is the way the market looks at headline numbers. Eg the oil price. At present the AUD oil Brent price is 106. No doing if Brent was 115 and the AUD at 1.06 roc would be higher due to the higher oil price even if the real aud price is the same . The softening of the AUD is enabling ROC to achieve a very solid AUD realised price which in turn will translate to big dollars
    ROC Price at posting: 44.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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