Rockpool Acquisitions Share Discussion Threads

[goodgrief] 27/5/2009 09:48

Pleased to see ROC monetising some of its assets and reducing debt.
Quite happy to see that the pumpers and dumpers have moved on.

[poo bear] 21/5/2009 07:12

"5. Authority for Share Issue Ratification by passing the following resolution:




'That, for the purposes of Listing Rule 7.1 and for all other purposes, shareholders of the Company hereby approve and authorise the issue of up to 88,200,000 Shares at an issue price of at least 80% of the average market price of the shares calculated over the last five days on which sales in Shares were recorded on ASX before the date on which the Shares are issued, on the terms and conditions contained in the Explanatory Memorandum.'




Result - carried."







Slide presentation here:-




The clue is that this is not yet in the share price.

All imo make your own minds up.

[poo bear] 21/5/2009 07:00

"AMID the rush to raise equity, ROC Oil's annual meeting today will seek clearance to raise up to 30 per cent of its issued capital at some point in the future for an unspecified purpose.

ROC has had its trials, with the stock closing up 5 per cent at 63c yesterday on takeover speculation.

The trading range over the past year has ranged from 30c in February to $2.68 in May.

ASX rules say you can only raise up to 15 per cent of issued capital in a given year without shareholder approval.

The reason, which seems to have escaped attention in the rush to pay down debt, is that issuing new shares is dilutive.

Risk Metrics has recommended that shareholders reject the open-ended request to issue new equity. It will be interesting to see whether the board can convince shareholders in these capital-starved days that more equity is always good."

The Australian 21/05/09



Reposted from hotcopper the poster was anewstart

[arja] 20/5/2009 10:00

but AGM tomorrow and maybe a tad dangerous to buy today ! However, nice chart pattern in OZ which is lead market of course and seems to have a minimum target of 70 cents . With the dreaded archaic system in uk of MMs and their wide spreads, might not match it here .

[fungus footballhead] 19/5/2009 07:22

Blimey - up 14% down under...

[rabybay] 18/5/2009 13:54

Just picked up some of these, had to pay 28.5 though!

[clunes100] 11/5/2009 13:47

Topped up today, just have to wait and see.

[monis] 11/5/2009 12:24

it's just undervalued imo.

[drago] 11/5/2009 12:23

motoring nicely this morning. denial of bid hasn't stopped this.

[monis] 08/5/2009 10:01

Now 32p to buy. Edit now 33p.

[monis] 08/5/2009 07:04

Oil rising nicely and ROC shares up again in Oz.

[monis] 07/5/2009 07:24

With shares up in Oz last night and oil pushing nearly $57 a barrel we should see a nice rise here today imo.

[goodgrief] 06/5/2009 20:18

Jeez, has skool been shut cos of swine flu?

[dapatriot] 06/5/2009 18:31

WHERE ARE THEY BURIED? i'm feeling peckish :-

[monis] 06/5/2009 18:30

They're all out tonight.

[dapatriot] 06/5/2009 18:28

is that your mummy or daddy or are they both dead ?

[dapatriot] 06/5/2009 18:17

u can only be clueless untill the next mkt update... :)

[davros006] 06/5/2009 18:15

What rise?

It fell today Monis... lol lol lol....

Good lord what a complete idiot.

Ahh well, always the biliton T/O to fall back on.

lol lol lol.

People in glass houses Monis........
The end.

[monis] 06/5/2009 17:53

rabybay - I agree, with oil at $56 a barrel the rise should continue in the morning imo.

[rabybay] 06/5/2009 16:04

the trees stopped shaking............

[davros006] 06/5/2009 14:46

MONIS - 6 May'09 - 14:22 - 4410 of 4416


Monkey puzzle what is laughable is the amount of people on here who pretend they know what they are talking about but are actually totally clueless.

----------------------------------------------------------------------

indeed.....

So in your dream, how much are biliton paying for ROC Monis?

[davros006] 06/5/2009 13:34

Back to 20p....

Wheeeeeeee.

you haven't answered my question...... Where oh where did you get that complete drivel from?

[davros006] 06/5/2009 13:34

Did you dream it up Monis?

lol lol lol.

[monis] 06/5/2009 13:33

Ohhh davros doesn't anybody want to go on your new GKP thread, lol.