re: arq iopen +0.05 , now 1.72 ARQ is going nicely. I wonder if those who sold out trying to trade are scrambling to get back in?
I find it hard to believe that someone can post:
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Subject re: ** $4.00 by 31st. august **
Posted 07/01/05 11:47 - 203 reads
Posted by grahamc58
Post #477441 - in reply to msg. #477411 - splitview
~keep singing parrot~!..... "i'm hearing over $3+ in Perth stockbrokers , so it has to stop so place."
ARQ plan to have 2 rigs doing oilers back to back very soon .... they're saying that there is 200mmbbloe out there to be found . [50/50% share ofcourse]
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then about a week later when nothing has fundamentally changed tell us that ARQ are overvalued and quote $1.60 to us.
Especially considering the price of oil had also risen substantially in the meantime - and ARQ is unhedged.
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