Reckon this one is a slimy oil cat bounce....one that sucks you in and spits you out. Having said that...it's a dog of a share especailly if you particpated in the capital raising in the mid 70's....would have been more aptly named as the "Capital Destruction Issue "" . Same management ? Have not quietly dismissed themselves yet ? Unbelievable. Guess we should be grateful for having same fabulous management....yes in Mid 06...ROC was $4.50 a share....now the SP is less that 10% of this figure. These guys have a natural talent for wrecking shareholder capital and value. What's thier benchmark before they resign ? 5% of of $4.50 ? 50% of the last capital raising ?
Reckon this one is a slimy oil cat bounce....one that sucks you...
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Last
10.0¢ |
Change
-0.005(4.76%) |
Mkt cap ! $10.01M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $5.967K | 58.34K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17464 | 7.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 138250 | 2 |
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| Last trade - 10.10am 13/09/2024 (20 minute delay) ? |
| ROC (ASX) Chart |