re: takeover play - financial review Think you somewhat misrepresent the article SP by not giving the full story. The article focussed on possible mergers and that ARQ had intensive talks with AWE last year about merging. AWE walked away from the talks because of the differential in the respective share prices, borne out by ARQ's subsequent fall in share price, an accurate assessment on the part of AWE.
Ironically, ARQ would have to lift its share price and production to be an attractive takeover target. A merger is a better proposition, it will increase its market capitalisation and attract institutional investors, which can only be good for the share price.
So we know what ARQ's corporate plans are - a merger.
- Forums
- ASX - By Stock
- 5GN
- best oil and gas?
best oil and gas?, page-12
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add 5GN (ASX) to my watchlist
|
|||||
Last
14.8¢ |
Change
-0.008(4.84%) |
Mkt cap ! $46.10M |
Open | High | Low | Value | Volume |
15.0¢ | 15.3¢ | 14.8¢ | $5.693K | 38.01K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 790256 | 14.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.0¢ | 155000 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 790256 | 0.145 |
4 | 410742 | 0.140 |
2 | 507407 | 0.135 |
2 | 506000 | 0.130 |
2 | 258007 | 0.125 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 155000 | 3 |
0.155 | 2074868 | 30 |
0.160 | 541747 | 12 |
0.165 | 194484 | 7 |
0.170 | 404163 | 5 |
Last trade - 15.25pm 20/08/2024 (20 minute delay) ? |
Featured News
5GN (ASX) Chart |
The Watchlist
CC9
CHARIOT CORPORATION LTD
MD - Shanthar Pathmanathan, Geologist - David Trabert
MD - Shanthar Pathmanathan
Geologist - David Trabert
SPONSORED BY The Market Online