Yeah, it was nice to see the article in the AFR and one that had a nice big headline.
With the new market cap and shares outstanding, IMO ARQ has probably taken itself off the predator list until they hit something big in the CB.
Still one has to wonder about the big jump in price on Monday a couple of days BEFORE the announcement and then basically no change when the announcement came out.....maybe a little bird got hold of some information????
Maybe one of these days the ARQ share price will actually go up and STAY up....
Anyway lots of excitement to come in August/September with drilling to start in the CB for ARQ.
Oil is up and there are LOTS of cheap Aussie oilers compared to the blue sky cra pola..for example:
ARQ market cap $500 million
MAE market cap $371 million
MPO market cap $200 million
BLR market cap $135 million
One of these days the bubble is going to pop on these companies with nothing but hot air and moose pasture.
ARQ Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
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