This stock only knows 1 trend...downwards and been like this for over 12 mths,regardless of what oil they find and what cash they have and what its p/e is etc.
Now and again,its sp has small increases and everyone gets excited and calling it a bargain buy etc, only to see the price fall again very quickly.
I have said a long time ago that arq was unloved by the market but was promptly told it was the market that was wrong.
Well,if thats the case,the market has been wrong for way over 12 mths,No way.
Only hope for long suffering shareholders would be a takeover but can't see this happening to this "piddly" company.
Of course there is the canning basin,but lets not start dreaming,too many opportunities in other oilers to get into.
still in downtrend..., page-2
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Last
14.5¢ |
Change
-0.005(3.33%) |
Mkt cap ! $45.32M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.3¢ | 14.5¢ | $8.489K | 56.64K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 795255 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 112274 | 3 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| 5GN (ASX) Chart |