Here's hoping for a breakout Auto.
Perhaps we are getting closer to FID?
If I can ask, what do people think the 'market' would prefer from the FID decision? FID go ahead means more capital tied up BUT, also much more revenue and reserves at these high oil prices, while if FID is no-go, then ROC will all of a sudden have, as Auto has mentioned, 50% cash backing..
I am genuinely unsure what I would prefer. As if FID did not go ahead, I wonder if ROC management are able to argue that it should not pay a special dividend, perhaps $40 million, or $0.06 a share? As their capex requirements are going to be met from current cash flow from what I can tell.
Here's hoping for a breakout Auto.Perhaps we are getting closer...
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Last
8.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.08M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 60000 | 8.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.3¢ | 109321 | 1 |
View Market Depth
| Last trade - 14.28pm 25/06/2025 (20 minute delay) ? |
| ROC (ASX) Chart |
Day chart unavailable