Going through some current broker reports on ARQ website, any discovery at the king sized "oilwell" starting next week end approx , is worth 7 cents a share for every 1 mmbblo , less 0.3c exploration costs/ 1mmbblo.
That makes an extra dollar/share quite realistic ; and oil prices are going to increase here on out starting last night with an 43c gain ....
This is not gas at low prices ie: AYO. Nor , gas where exchange rates are taking all the cream off the top ie: PSA.
xe.com Universal Currency Converter ® Results
Live mid-market rates as of 2004.01.10 10:45:44 GMT.
1.00 USD
United States Dollars = 1.28999 AUD
Australia Dollars
1 USD = 1.28999 AUD 1 AUD = 0.775203 USD
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huge exploration time(s), page-4
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Last
15.0¢ |
Change
0.003(1.69%) |
Mkt cap ! $46.88M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.0¢ | 14.5¢ | $231.3K | 1.543M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 827504 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 1967449 | 26 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| 5GN (ASX) Chart |