Rockpool Acquisitions Share Discussion Threads

[monis] 05/5/2009 13:27

Also don't you think the Chinese may just be interested?

[max i million] 05/5/2009 13:23

Agreed. That is why I have had ROC on my monitor for months. Undervalued, as with so many bombed out oil stocks, and oil will stabilise at a higher price. How it dropped 100USD in a few months is beyond me. Pure manipulation. But it goes the other way too. And we all know that oil is a precious resource that will only eventually become more scarce and expensive. Trying to make a quick buck overnight? Up to you. Retirement money.... no brainer. imo etc.

[rabybay] 05/5/2009 13:23

.39 this time the morn!

[monis] 05/5/2009 13:12

Of course putting this potential bid to one side at $54 barrel we are making a lot of money as they have said all is good over $40. imo dyor. I really think we are hugely undervalued at present with oil at $54 a barrel, present assets and potential future finds. This is why a bid is very likely imo. dyor.

[max i million] 05/5/2009 13:05

The other thing of note, is that at present, the volume here is miniscule compared to recent volume on the ASX. I doubt it will be long before this is picked up on Leader monitors and the volume here picks up. Maybe that is wishful thinking, but as you say, no smoke without fire.

[jpendle] 05/5/2009 12:54

Oops wrong thread - apolopies

[monis] 05/5/2009 12:43

Max I can see what you're saying but something has come from somewhere, where exactly who knows?

[max i million] 05/5/2009 12:39

Have had ROC on my monitor for a while, but only bought in last Friday at 27p, as I could see something was brewing. Pleased to see ASX price up to 60c on Monday, but disappointed to see it remain there Tuesday. My guess was they had no lead as we were closed Monday, hence carrot/donkey analogy. P.S. I had no problem buying Friday. Only 11K though.

[monis] 05/5/2009 12:30

Up again.

When I bought last week I couldn't buy on-line and only wanted a small number.

[monis] 05/5/2009 12:27

No smoke without fire imo. I don't think it's one or the other something appears to have leaked imo probably from the company about to put in an offer. imo.

[max i million] 05/5/2009 12:23

Interesting. Despite the RNS, or reading into it what you will, the price here has steadily climbed this morning. Overnight on Monday, the ASX caught up with the sterling price. ( roughly 2:1 for AUD:GBP ) Hotcopper thread suggests something is brewing in the UK, so they are following our price, yet threads here suggest the other way round. Not sure whether the carrot is leading the donkey, or the donkey is chasing the carrot. How long this will continue before an announcement, or lack of, remains to be seen. I hold.

[monis] 05/5/2009 09:47

starting to climb now...

[monis] 05/5/2009 08:09

Doubt it imo, if you know the comapny is for sale why would you want to sell and miss the rns which states that they have just had an offer.

[nloughlin] 05/5/2009 08:07

this will go back to circa 20p when no new news comes this week.

[fireplace22] 05/5/2009 07:40

The company is undervalued and management has effecively said that it is up for sale. Looks like only one way to go.

[monis] 05/5/2009 07:39

No smoke without fire. imo

They have not received one yet imo, the leak could have come from the company just about to approach them, imo , dyor.

[topnotch] 05/5/2009 07:36

"ROC has not received any takeover proposal" - is this gonna put a dampner on things in the S/T as the weaker holders (and T+ traders) bail out?...

[monis] 05/5/2009 07:32

Should be interesting today, big rise imo, dyor.

[spursmatt99] 04/5/2009 18:51

Sydney morning herald coverage

[monis] 04/5/2009 15:55

It will get exciting here if we get a bid from BHP-Billiton.

[goodgrief] 04/5/2009 15:36

What about the BHP-Billiton gas project? This has seen Tap Oil run up over 60%!
And ROC has just as significant a share of this resource.

[monis] 04/5/2009 15:32

Thanks for the link.


I think there could be a take over approach on its way which the company are as of yet not aware of.

imo