Don't think even a buy back would help,it certainly didnt help tap.
They need some new management,someone that has the shareholders interest in mind.
There was a lot of excitement/anticipation over last 12 mths with their drilling etc and we all know how that went,so I don't think people should get too excited with the next 6/12 mths drilling programme,regardless of how promising it may look.
With the poo perhaps heading south over next 12 mths,arq is running out of time.
Regardless of its cash flow,no debt,low p/e etc,the market wants more confidence in arq and the only way is to have some drilling success and get some decent reserves.
I'm not holding my breath on either happening.
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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($) | Vol. | No. |
---|---|---|
15.5¢ | 1929732 | 23 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 6751465 | 0.150 |
5 | 1837948 | 0.145 |
5 | 168180 | 0.140 |
3 | 24821 | 0.135 |
2 | 15398 | 0.130 |
Price($) | Vol. | No. |
---|---|---|
0.155 | 1929732 | 23 |
0.160 | 748267 | 15 |
0.165 | 239845 | 5 |
0.170 | 489284 | 4 |
0.175 | 52258 | 3 |
Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
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