Well I think we really need to wait a few weeks before we know what the ROC price is going to settle down to.
Perhaps announcements really are better than charts for understanding what is happening to the share price.
I would assume that given a '3 for 8' rights offer that some people would have to sell some shares so they can afford to buy the rights ... and lots more people selling than normal is bound to push down the share price in the short term
Today the share price has dropped 20c because the '3 for 8' rights offer at $2.70 no longer applies
Disclaimer: Happy holder of ROC shares who is going to buy more under the rights offer
ROC Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
