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ROC - help required (ROC)     

Alrob01 - 23 Oct 2009 16:14

Guys,
I'm reasonably new to the market and been lucky enough to make a few pounds along the way but still finding my feet. Can anyone give me some pointers on where to go with the holding i have in ROC - i've just found out they will be delisting in November. Should i sell what i have now? Sorry if this is a stupid question but i know there are a lot of experienced heads out there who make a living from this.

thanks

Al

HARRYCAT - 24 Oct 2009 22:49 - 4 of 5

Not one I follow, but interesting to note that either Shares Mag have chosen to ignore the delisting, or are not aware of it.
I used to have shares in an Aus Co, (AMP) but trading them was virtually impossible & all transactions had to be done through Computershare as Selftrade (then Comdirect) didn't trade on the Aus stock exchange. Maybe best to see if your broker has a link with the Aus exchange. If not, my experience is that you are at the mercy of Computershare who will probably offer you a deal initially, but once that deal expires, you are at a disadvantage.

Alrob01 - 25 Oct 2009 09:58 - 5 of 5

Harrycat,
Many thanks for your information and thoughts on this. Its much appreciated.

Al
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