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
15.5¢ |
Change
-0.005(3.13%) |
Mkt cap ! $52.18M |
Open | High | Low | Value | Volume |
15.5¢ | 15.5¢ | 15.0¢ | $90.82K | 600.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 87291 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.0¢ | 17224 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 87291 | 0.155 |
6 | 477269 | 0.150 |
4 | 50071 | 0.145 |
5 | 176140 | 0.140 |
4 | 72814 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.160 | 17224 | 3 |
0.165 | 32753 | 3 |
0.170 | 171404 | 3 |
0.175 | 112258 | 7 |
0.180 | 797572 | 6 |
Last trade - 12.13pm 05/06/2024 (20 minute delay) ? |
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Last
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Change
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Open | High | Low | Volume | ||
15.5¢ | 15.5¢ | 15.5¢ | 224954 | ||
Last updated 12.28pm 05/06/2024 ? |
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