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?
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Last
15.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $50.67M |
Open | High | Low | Value | Volume |
15.0¢ | 15.5¢ | 15.0¢ | $21.56K | 143.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 97030 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.5¢ | 28434 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 97030 | 0.150 |
5 | 339090 | 0.145 |
3 | 266228 | 0.140 |
3 | 173000 | 0.135 |
2 | 5215 | 0.130 |
Price($) | Vol. | No. |
---|---|---|
0.155 | 28434 | 3 |
0.160 | 113526 | 6 |
0.165 | 154567 | 6 |
0.170 | 275193 | 6 |
0.175 | 554581 | 6 |
Last trade - 10.38am 29/04/2024 (20 minute delay) ? |
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