Ther risk is to the upside now, you would be brave to sell in the face around 10 exploration wells in 3 months and 10 more in the months after that. One things for sure, most will not strike oil. On the other hand the stats say that at least 1 should be successful and that's enough to add a fair bit to the share price, more than 1 would be a bonanza.
Good to see the rig at BS4 looks like it's going to be released early.
the rise and rise of arq .. , page-4
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Last
14.5¢ |
Change
-0.005(3.33%) |
Mkt cap ! $44.26M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.0¢ | 14.5¢ | $92.68K | 639.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 425232 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 1966212 | 38 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| 5GN (ASX) Chart |