Around the middle of last year it made absolutely no sense when ARQ was trading below $1.00. ARQ went on to more than double in price.
With positive developmenets since last year it again makes absolutely no sense for ARQ to be trading around $1.65. That is significantly below 10 times this year's earnings.
The oil price is also showing no signs of collapsing - it is back above US$50.
With both rapidly increasing earnings and a very active exploration programme, I wonder if we will see history repeat and ARQ's share price will again more than double in a relatively short period of time?
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Last
16.0¢ |
Change
-0.005(3.03%) |
Mkt cap ! $53.86M |
Open | High | Low | Value | Volume |
16.5¢ | 16.5¢ | 16.0¢ | $62.83K | 392.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 267375 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 154361 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 267375 | 0.160 |
7 | 164548 | 0.155 |
16 | 689830 | 0.150 |
5 | 247396 | 0.145 |
6 | 346390 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 117161 | 2 |
0.170 | 71517 | 6 |
0.175 | 258102 | 6 |
0.180 | 295712 | 8 |
0.185 | 302663 | 9 |
Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
16.0¢ |
  |
Change
-0.005 ( 0.00 %) |
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Open | High | Low | Volume | ||
16.0¢ | 16.0¢ | 16.0¢ | 125100 | ||
Last updated 13.57pm 21/05/2024 ? |
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