Notice that every time ARQ gets sold down like it has been lately it gets bought all the way back up to only a few cents below the opening price. There is only 18,000 shares standing between ARQ's current price and the open price.
Last week someone dumped 50,000 shares pushing the price down to 1.66, after that 300,000 shares were traded for the rest of that day at prices much lower than the open. The price was then bought back up at the end of the day. To me this looks organised, shame I can't get broker codes.
I said in a post last week that this volatility is to be expected. For anyone who is taking Huntley's advice (what does Huntley's value oil at?), I wouldn't write ARQ off so soon. I expect Corybas results next Monday and the half yearly financials next Wednesday. Regardless of all that, the oil exploration program in a two months is the main game. I think Huntley's will be proven wrong about ARQ as they have been so many times in the past.
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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($) | Vol. | No. |
---|---|---|
15.5¢ | 2095242 | 29 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 15843 | 0.150 |
9 | 990256 | 0.145 |
4 | 410742 | 0.140 |
2 | 507407 | 0.135 |
2 | 506000 | 0.130 |
Price($) | Vol. | No. |
---|---|---|
0.155 | 2095242 | 29 |
0.160 | 541747 | 12 |
0.165 | 194484 | 7 |
0.170 | 116494 | 3 |
0.175 | 39258 | 2 |
Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
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5GN (ASX) Chart |