ROC's management claim to be "sensibly contrarian" in their investment strategies. As I have posted before, their SP often seems contrarian in its behaviour. If the rest of the oilies are up, Roc drops or stands still. Then it pulls out moves like Monday - significantly different from the rest of the pack. I don't pretend to understand it, but have learnt to expect the unexpected. Despite its less-than-its-peers performance in the last year, it does offer some tradable swings. Just hope the overenthusiastic punters from Monday find some more money.
ROC Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
