re: sleeping beauty ....tap Valid points Entropylord if current producing wells decline and nothing is found.
Without knowing too much about the company, maybe a merger on something like a one for one basis with TAP might make sense ... TAP shares are around the same price as ARQ and have also declined sharply.
It would certainly strengthen the balance sheet of the combined company as TAP has about $115 million in cash.
re: sleeping beauty ....tap Valid points Entropylord if current...
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Last
15.0¢ |
Change
-0.005(3.23%) |
Mkt cap ! $50.5M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.3¢ | 14.0¢ | $2.910M | 19.44M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 239951 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 572545 | 10 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| 5GN (ASX) Chart |