Good short term gain for AZA sufferers, good long term oil and gas assets for ARQ.
ARQ now has the oil to calm investor concerns but do they have the technical skills to initiate/produce/develop offshore fields. (I wonder if Bruce philips might .. nah!) Hope AZA staff move over!
Interesting if ARQ is looking for more oil plays around Basker/Manta? ..and whether AZA skills could be used to develop recent finds near cliffhead?
Bg.
arc energy to offer 1.175 shares for each anzo, page-3
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14.5¢ |
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Mkt cap ! $44.26M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 14.5¢ | $16.38K | 109.4K |
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| No. | Vol. | Price($) |
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| 6 | 1394341 | 14.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 1853961 | 28 |
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| 5GN (ASX) Chart |