Brucey, I believe your following comment is not quite correct:
"Resourcefull, you sound like another of the many frustrated arq holders but to suggest a possibility of $2 or even $3 over next few months...you surely must be dreaming."
For example:
1. The next well to be drilled, assuming ARQ stick to what they recently announced, is Drakea1. That is a 15 million barrels propspect. With success ARQ would probably go through $2.00.
2. In addition should Sugarloaf go past the speculative stage, which it is currently at, then ARQ should be rerated on its ADI holding which does not appear to be currently the case.
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Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.20M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 14.0¢ | 13.5¢ | $7.558K | 55.18K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 52256 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 74628 | 2 |
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| Last trade - 15.44pm 04/07/2025 (20 minute delay) ? |
| 5GN (ASX) Chart |