elephant territory, page-35

Graham,the retrace with arq's sp that you mentioned has been going on for over 12 mths now.
The record poo of last year didn't even stop the sp from continueing its downward spiral.
I realise that sentiment can have a strong affect on many companies and sectors,but arq have been down in sentiment for a very long time.
There is obviously a reason for this and not just the poo.
It has been well documented what arq need to do to get the sp moving in an upward trend again.
imo,the canning basin is a bit of a gamble but I guess at arq's current sp,they don't have much to lose.
Surely arq couldn't be a dog performer 2 years in a row,or maybe it could.
You long term s/holders certainly have huge faith in the co. after such disappointment over last 18 mths of high oil prices.
As I have mentioned before,I think roc's Angola drilling is a better prospect than the canning basin for arq,but each to their own I guess.