I see ARQ's Eremia risk / reward as very positive.
If it succeeds, then i would expect a rise of 20-30c, on failure, a fall to 50c .. and great buying for mid year drilling. Remember the Jingemia trend extends into ARQ's acreage.
As long as stupid peace protestors and Greedy countries like France, Russia and china keep delaying the war, ARQ is laughing. Even when oil prices start to fall, I don't think it will collapse. ARQ's costs are very low and should be raking it in! :)
hovea daily income, page-5
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Last
14.5¢ |
Change
-0.005(3.33%) |
Mkt cap ! $45.32M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.5¢ | 14.5¢ | $58.37K | 389.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 17860 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 363928 | 3 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| 5GN (ASX) Chart |