Have a think about this.
It is normal to purchase producing oilers for leverage to the oil price.
In August 2004 ARQ were about $1.00. So they have risen about 45%. But the price of oil has risen from under US$40 to currently over US$70. Let's say 75%.
In anyone's language, from that point in time it has been a dismal performance on the ASX by ARQ.
Have a think about this. It is normal to purchase producing...
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Last
15.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.96M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.3¢ | 15.0¢ | $34.20K | 228.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 6431062 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 1987138 | 24 |
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| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| 5GN (ASX) Chart |