re: takeover valuations...anyone Don't think any company that does its homework would consider taking over arq at current price.
Yes,we all know about its low p/e and good cash position etc etc,its mentioned here nearly every day.
It needs to build up its reserves postion with some more successfull oil drills.
Is unloved by the market and has been for quite a while.
Now back below $1.60 and looks weak still.
Bad luck for those holders that have been getting a little excited/optimistic lately.
Will be interesting to see what happens to s p when cliff head starts up,might even hit $1.60 again.
takeover valuations, anyone>, page-8
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