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?
Trades at 94 cents today. 8.3 times 2003-2004 earnings. With oil...
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Last
15.5¢ |
Change
0.010(6.90%) |
Mkt cap ! $48.44M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.5¢ | 15.0¢ | $124.9K | 832.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15843 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 2095242 | 29 |
View Market Depth
| Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
| 5GN (ASX) Chart |