arq is starting to look very cheap and most analyst reports (aegis) suggest that it is undervalued on a fundamental basis.
its enterprise value divided by earnings before income tax depreciation and amortisation for fy08 i believe and you should check this for yourself is approx 2.6 ish. i was unable to find another oil company that cheap.
apparently it has real growth prospects in that it will be drilling or participating in 20 wells.
moreover i has something like 130 odd mill cash in the bank.
it is however a high risk play cos energy demand some say will slow if the us tanks further. i hope the developing world will pick up the slack.
since i am an amateur with no real expertise you should check all of the above with an expert and exercise great caution. in this market chances are you will loose money.
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14.0¢ |
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Mkt cap ! $43.14M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
---|---|---|
14.5¢ | 636262 | 5 |
View Market Depth
No. | Vol. | Price($) |
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1 | 3000 | 0.140 |
8 | 668703 | 0.135 |
3 | 506025 | 0.130 |
1 | 250000 | 0.125 |
1 | 8000 | 0.115 |
Price($) | Vol. | No. |
---|---|---|
0.145 | 636262 | 5 |
0.150 | 2430405 | 27 |
0.155 | 1943805 | 21 |
0.160 | 527326 | 9 |
0.165 | 147700 | 4 |
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