I can see rodico work if you where to install the wheel in its picot then putting a bit of rodico to hold it straight, but, I am with Willie that it would get in the picot holes and be difficult to remove if one was to stab a wheel through the rodico to hold it to the plate.
Rodico is indeed a good cleaning product, I always have some on my bench to remove finger prints or excess oil. It’s a must to service platform escapement. I also use it to hold small parts so they don’t roll off the bench or hold a screw on the tip of a screwdriver for those difficult to access holes...Many uses...
however, kept as a chunk, it sticks to itself well and pulls itself off whatever you stick it to, but, if pressed thin, as in between a pivot and its bearing surface, it becomes sticky, fall apart and leaves pieces behind.
M.