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
14.5¢ |
Change
0.005(3.57%) |
Mkt cap ! $44.26M |
Open | High | Low | Value | Volume |
14.0¢ | 15.0¢ | 14.0¢ | $267.3K | 1.843M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 3550384 | 14.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.0¢ | 2662596 | 25 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 3550384 | 0.140 |
13 | 1007735 | 0.135 |
3 | 506025 | 0.130 |
1 | 250000 | 0.125 |
1 | 4500 | 0.115 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 2662596 | 25 |
0.155 | 1899771 | 20 |
0.160 | 657327 | 10 |
0.165 | 148400 | 5 |
0.170 | 25000 | 1 |
Last trade - 15.48pm 20/09/2024 (20 minute delay) ? |
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