ARQ has been pushing higher for a while now. Origin Energy has just been upgraded to a "buy" based among other things to it's exposure to Hovea. One can only imagine how positive this is to ARQ given it owns 50% of Hovea.
I have been pushing ARQ for a while but the share price speaks for itself.
IMO will be subject to a takeover bid by either Origin or some other Perth Basin player. Price should be north of 80 cents.
My opinions only. Comments welcome.
I own.
arq comments
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Last
14.8¢ |
Change
0.003(1.72%) |
Mkt cap ! $45.03M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.8¢ | 14.5¢ | $2.944K | 20.30K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1364330 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 2002671 | 30 |
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| Last trade - 15.32pm 07/10/2024 (20 minute delay) ? |
| 5GN (ASX) Chart |