Who knows, Arc may soon reward us.
After all, the Canning Basin exploration underway between now Xmas is searching for 100 million + barrels of oil worth $2b in ground. But the main search is for gas to fill a $1b Alcoa contract, they have prepaid Arc $40m to help find it.
Very little of this is in the current share price, even modest success could make this the hottest share on the ASX. The share price would not only reflect any finds but also cause a re-rating of it's prospectiveness.
Good luck fellow holders.
Who knows, Arc may soon reward us.After all, the Canning Basin...
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Last
15.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $50.49M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.5¢ | 15.0¢ | $974.8K | 6.471M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 499383 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 724510 | 6 |
View Market Depth
| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| 5GN (ASX) Chart |