Rockpool Acquisitions Share Discussion Threads

[cwa1] 16/3/2009 15:52

It IS allowed in an ISA due to the Dual listing(IMHO) :-) Had them for years now, unfortunately.

[stateside] 16/3/2009 14:54

CWAI. I telephoned them this morning to ask. Haven't actually tried to buy them within the Isa yet. Obviously worth a go :-))
I take it you've had yours within the Isa for a while. ie long enough for them to notice if it shouldn't be allowed. Thanks for that.

[cwa1] 16/3/2009 13:14

Yes, FWIW, I have some ROC in my ISA with Selftrade(sadly!) Think someone must be confused as I'm able to trade them online at this very moment in my ISA.

HTH

[stateside] 16/3/2009 09:52

Anyone been able to put these in an Isa? I'm with selftrade & they say no. Same with Calendon (CDN) holdings - both dual listed so I reckon they should be Isa-able.

[spursmatt99] 10/3/2009 20:21

The chart is starting to look interesting, volume increasing moving up from oversold.

[spursmatt99] 06/3/2009 14:40

I am still holding / adding. The company isnt suddenly a bad one. They bought Anzon at the wrong time which was unhelpful, as is the lawsuit. Their funding is sorted for 2009 out of cash flow.

We have 2 means of making substantial gains here imo... a sharp rise in oil, and the potential for a take out as flagged by management last year.

These along with many oil producers look oversold. I am happy to stick around and see how it pans out. The potential upside is massive.

[ammons] 06/3/2009 14:21

Buy note in IC today.

[wrightey] 06/3/2009 08:25

Friday was not a good day for oz shares, but as you say arja, it could well be the bottom for this one with up turn in oil price.

[arja] 05/3/2009 07:45

up 5 cents in oZ but unfortunately on normal volume . But may have finally bottomed with oil price picking up lately !

[ammons] 27/2/2009 08:08

Only fly in the ointment is the costs claim made against the company. Any news there? I haven't had a chance to read thru it all yet and won't until this afternoon.

[spursmatt99] 27/2/2009 07:59

production exceeds 12,000 BOEPD and average
operating cost is approximately US$15/BBL.

Nice margin!

[parsons] 27/2/2009 07:53

Well I purchased more shares this week .There is nothing wrong with the accounts and the price of oil looks like it has bottomed. I think that ROC is one of the most undervalued OIL shares in the market. If the price does not recover soon then they will be snapped up by a larger oil company.

[wrightey] 27/2/2009 06:48

An up beat report, should be good for the price eventually.

[poo bear] 23/2/2009 23:19

You would wonder the way the share price is behaving...........

I think it's all about debt servicing reading from elsewhere.

Not sure the severity of any problem if one exists, the FPSO issue and law suit have really muddied the water.

I recall many director sells somewhile back, any director buying would indicate as real plus......... so where are they?

[spursmatt99] 23/2/2009 10:02

Is ROC screwed?

[poo bear] 23/2/2009 06:13

Fridays news which was released after Oz Market closed has not been well received there.

Now nearly 10% down having been over 12% at one stage.

Oh well!

[blobby] 20/2/2009 09:05

Yep, not helpful. I always had my doubts about the Anzon deal and I suppose I should have walked at the time, but it's a bit late now. There should still be considerable upside from here.

[poo bear] 20/2/2009 08:05

From a competitors site. (M AM)

Not showing in news above.

"20 February 2009ROC OIL COMPANY LIMITED ('ROC')

STOCK EXCHANGE RELEASE

BASKER-MANTA-GUMMY ('BMG') OIL & GAS PROJECT

Reference is made to the Stock Exchange Release made on 19 December 2008 by ROC on behalf of its subsidiary, Anzon Australia Limited ('AZA') in relation to termination by the participants in the BMG Project of the Letter of Intent ('LOI') with BW Offshore ('BW') for supply of a floating production and storage and offloading vessel ('FPSO') for the proposed BMG Phase 2 Project.

AZA has today received notice of a claim against the participants in the BMG Project by BW in the Federal Court of Australia seeking recovery of costs relating to terminating third party vendor contracts entered into by BW in relation to performance of initial activities under the LOI. Costs claimed are in the order of US$90.1 million. Participants in the BMG Project dispute that these costs are payable and intend to defend the claim.

Participating interests in the BMG Project are as follows:

Anzon Australia Limited (Operator)...................................40%

Beach Petroleum Limited..................................................30%

CIECO Exploration and Production (Australia) Pty Ltd.....20%

Sojitz Energy Australia Pty Ltd..........................................10%"

Not helpful

[poo bear] 19/2/2009 06:28

Down again now 37cents......... 16.6pence.

[goodgrief] 11/2/2009 11:53

As long as its just for today...

[spursmatt99] 11/2/2009 10:43

bit weak today

[poo bear] 05/2/2009 06:23

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