Good advice, the drop attracted me back to Arc and it's paying off. When was the last time it increased over 5% in a day?
I used the current weakness to buy some BPT and just picked up some AZA. AZA stated in an April 07 presentation when the shares were around ~ $1.18 that their 2P reserves were valued at $8 vs $20+ industry average. Now the share price is $0.88.
That means you can buy a proven barrel of oil for around the cost of a 6 pack of XXXX.
They have temporary trouble with damage to a production vessel and reneged on a gas deal in favour of pumping more oil instead.
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14.0¢ |
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Mkt cap ! $42.74M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 3152072 | 14.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.5¢ | 668377 | 12 |
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9 | 3152072 | 0.140 |
9 | 614132 | 0.135 |
5 | 525401 | 0.130 |
1 | 250000 | 0.125 |
1 | 13000 | 0.115 |
Price($) | Vol. | No. |
---|---|---|
0.145 | 625877 | 11 |
0.150 | 2299479 | 31 |
0.155 | 1647355 | 17 |
0.160 | 675343 | 9 |
0.165 | 138000 | 2 |
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