You'd think being an ASX 300 company there'd be enough institutional buying for the price to go stronly south. Trading around 8.3 last year's earnings, I can see ARQ being taken over. Brokers' reports on the stock I have seen are also pretty useless, like factoring in oil at below $30 a barrel.
lost their oil, page-3
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Last
15.0¢ |
Change
-0.005(3.23%) |
Mkt cap ! $46.96M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 15.5¢ | 15.0¢ | $54.27K | 358.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 6751465 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 1929732 | 23 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| 5GN (ASX) Chart |