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
17.5¢ |
Change
0.005(2.94%) |
Mkt cap ! $57.23M |
Open | High | Low | Value | Volume |
17.0¢ | 17.5¢ | 16.5¢ | $126.6K | 734.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 195513 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 179110 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 195513 | 0.170 |
3 | 85904 | 0.165 |
3 | 66637 | 0.160 |
7 | 66697 | 0.155 |
17 | 963905 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 179090 | 8 |
0.180 | 260712 | 7 |
0.185 | 215597 | 7 |
0.190 | 171500 | 3 |
0.195 | 213946 | 6 |
Last trade - 13.06pm 28/05/2024 (20 minute delay) ? |
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Last
17.0¢ |
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Change
0.005 ( 3.03 %) |
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Open | High | Low | Volume | ||
17.0¢ | 17.0¢ | 16.5¢ | 153141 | ||
Last updated 10.26am 28/05/2024 ? |
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