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
14.8¢ |
Change
0.003(1.72%) |
Mkt cap ! $45.03M |
Open | High | Low | Value | Volume |
14.8¢ | 14.8¢ | 14.5¢ | $1.161K | 8.002K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 1409915 | 14.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.0¢ | 1098412 | 27 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 1409915 | 0.145 |
11 | 3737953 | 0.140 |
11 | 644328 | 0.135 |
2 | 507699 | 0.130 |
1 | 250000 | 0.125 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 1098412 | 27 |
0.155 | 1685272 | 16 |
0.160 | 351210 | 7 |
0.165 | 198402 | 5 |
0.170 | 25000 | 1 |
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