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
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.23M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 38 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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16.5¢ | 44 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 38 | 0.170 |
2 | 380061 | 0.165 |
2 | 206256 | 0.160 |
8 | 126697 | 0.155 |
16 | 957245 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 44 | 1 |
0.170 | 127503 | 3 |
0.175 | 303912 | 8 |
0.180 | 260999 | 8 |
0.185 | 217663 | 9 |
Last trade - 07.03am 28/05/2024 (20 minute delay) ? |
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Last
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Change
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Open | High | Low | Volume | ||
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Last updated 10.02am 28/05/2024 ? |
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