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
15.0¢ |
Change
-0.005(3.23%) |
Mkt cap ! $52.26M |
Open | High | Low | Value | Volume |
15.5¢ | 16.0¢ | 15.0¢ | $69.34K | 455.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 726456 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.5¢ | 109000 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 726456 | 0.150 |
4 | 207396 | 0.145 |
8 | 534618 | 0.140 |
4 | 180407 | 0.135 |
4 | 34065 | 0.130 |
Price($) | Vol. | No. |
---|---|---|
0.155 | 109000 | 4 |
0.160 | 22911 | 2 |
0.170 | 55120 | 3 |
0.175 | 154816 | 7 |
0.180 | 307971 | 8 |
Last trade - 11.48am 06/05/2024 (20 minute delay) ? |
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Last
15.0¢ |
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Change
-0.005 ( 3.23 %) |
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Open | High | Low | Volume | ||
15.5¢ | 15.5¢ | 15.0¢ | 209780 | ||
Last updated 11.48am 06/05/2024 ? |
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