Around the middle of last year it made absolutely no sense when ARQ was trading below $1.00. ARQ went on to more than double in price.
With positive developmenets since last year it again makes absolutely no sense for ARQ to be trading around $1.65. That is significantly below 10 times this year's earnings.
The oil price is also showing no signs of collapsing - it is back above US$50.
With both rapidly increasing earnings and a very active exploration programme, I wonder if we will see history repeat and ARQ's share price will again more than double in a relatively short period of time?
- Forums
- ASX - By Stock
- 5GN
- ** history repeats **
** history repeats **
-
- There are more pages in this discussion • 4 more messages 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
(20min delay)
|
|||||
Last
18.0¢ |
Change
0.010(5.88%) |
Mkt cap ! $57.23M |
Open | High | Low | Value | Volume |
17.5¢ | 19.0¢ | 17.5¢ | $336.2K | 1.880M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 208570 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.0¢ | 25777 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 198570 | 0.175 |
5 | 188419 | 0.170 |
2 | 50000 | 0.165 |
2 | 56256 | 0.160 |
6 | 53633 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.180 | 13000 | 1 |
0.185 | 122588 | 4 |
0.190 | 177637 | 7 |
0.195 | 375543 | 7 |
0.200 | 544396 | 17 |
Last trade - 10.40am 29/05/2024 (20 minute delay) ? |
|
|||||
Last
18.0¢ |
  |
Change
0.010 ( 5.88 %) |
|||
Open | High | Low | Volume | ||
17.5¢ | 19.0¢ | 17.5¢ | 620037 | ||
Last updated 10.59am 29/05/2024 ? |
Featured News
5GN (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online