Day traders playing with this stock I feel.
Still, recent jump over done i think. H2 could still fail! strange to have such speculative appeal before well is drilled .. obviously current data very convincing.
Current estimates 3-20MMBLS recoverable, upper end 30 MMBLS. rough NPV of $12/BBL gives ARQ a value between 12c and 80c, upper end $1.20.
If successful, a lot of other prospects upgraded.
ARQ selldown/profit taking....and EGO, page-2
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Last
16.0¢ |
Change
0.005(3.23%) |
Mkt cap ! $53.86M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.0¢ | 15.0¢ | $153.0K | 985.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 157818 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 496370 | 10 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| 5GN (ASX) Chart |