re:set to soar** ARQ is NOT under pressure. With US oilers reporting September quarter profits shortly, everyone will realise they are CASH COWS and substantially rerate the sector. This will lead to a surge of buying in our oilers, particularly companies like ARQ that are unhedged, making a fortune in profits, are increasing production and have good exploration and further production upside.
ARQ is the BEST VALUE oil producer on our market currently trading on a ridiculously low PE of 8.9 last year's earnings, with this year's earnings soaring.
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Form your opinion.
under pressure___+++, page-3
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Last
15.5¢ |
Change
0.005(3.33%) |
Mkt cap ! $48.52M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.5¢ | 15.0¢ | $57.03K | 376.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 6786627 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 1507475 | 21 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| 5GN (ASX) Chart |