Trades at 94 cents today. 8.3 times 2003-2004 earnings. With oil at US$45.70 compared to ARQ's average price received of AUS$40 for last year, it seems the market must think ARQ's oil has gone up in smoke.
Normally when a commodity keeps soaring, producers rise in price. Not ARQ. How silly of them to be unhedged?
lost their oil
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Last
14.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $44.26M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.8¢ | 14.5¢ | $14.50K | 99.82K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1828966 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 3419686 | 23 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| 5GN (ASX) Chart |