Resourcefull,you make some valid points,but interesting that 5 brokers recommend them as a mod to strong buy.
Personally,I don't have much time for brokers opinions,too flimsy and at times just line their own nest.
Obviously these 5 brokers aren't getting the word out to their clients.lol
As for the p/e,low yes, but that hasn't helped the stock over last 12 mths or so.
SP made many comments starting over 12 mths ago when arq's price was about $2, about the value in this stock even then, and also many comments about a very low p/e......and what has this done for the stock over that long time.
I am a believer in market sentiment,regardless of those posters who claim the market has got it wrong.
When the price dropped below $2 some time ago,I sold out my stock as I could see the sentiment changing.
Has the market had it wrong for so long?
I have also stopped short term trading on this stock as I still cannot see any upward momentum at this time.
Perhaps things may move a little with anncmt of drilling commences.
To me it seems simple,a turnaround should come if and when there is some good drilling success and when there is a clear sign that reserves are increasing.
Over past few months it's been funny seeing some posters getting excited with a few cents rise on a given day,and they were thinking that it's bottommed and should continue to slowly start rising .Cheers
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Last
15.0¢ |
Change
-0.005(3.23%) |
Mkt cap ! $50.5M |
Open | High | Low | Value | Volume |
14.5¢ | 15.3¢ | 14.0¢ | $2.910M | 19.44M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 239951 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.5¢ | 572545 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8890 | 0.150 |
4 | 370000 | 0.145 |
12 | 874135 | 0.140 |
6 | 229099 | 0.135 |
2 | 27699 | 0.130 |
Price($) | Vol. | No. |
---|---|---|
0.155 | 564345 | 9 |
0.160 | 532696 | 15 |
0.165 | 426070 | 10 |
0.170 | 478667 | 7 |
0.175 | 82258 | 3 |
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