I would urge anyone with an interest in ARQ to read the article Sinkers was referring too on the ARQ website by PESA.
It reiterates the enormous potential of the Hovea & Cliffhead areas. ARQ's management are virtually positive another bid is coming.
All of the management have direct interests in ARQ which they paid for using "cold hard cash", as quoted by the MD.
Let's hope the price offered by any predator reflects full value, which I estimate to be atleast 80 cents plus.
My opinions only. I do hold.
ARQ - HUGE VOLUME, page-5
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Last
15.0¢ |
Change
-0.005(3.23%) |
Mkt cap ! $46.96M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 15.5¢ | 15.0¢ | $54.27K | 358.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 6751465 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 1929732 | 23 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| 5GN (ASX) Chart |