Agreed SP.
It is now a different animal from the old ARC, management have wised up and are making one smart value adding move move after another but not every well comes in.
I don't think many factor in that it is now pumping out at least 6000 BOEPD, say at A$80 ex transport costs that's now ~ $175m revenue vs $115 previously. With bucket loads of cash and no debt at these levels there only seems one way this will go sooner rather than later.
Agreed SP. It is now a different animal from the old ARC,...
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Last
15.0¢ |
Change
-0.005(3.23%) |
Mkt cap ! $46.96M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 15.5¢ | 15.0¢ | $54.27K | 358.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 6751465 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 1929732 | 23 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| 5GN (ASX) Chart |