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
15.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $50.58M |
Open | High | Low | Value | Volume |
16.5¢ | 17.0¢ | 15.0¢ | $228.1K | 1.430M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 354571 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 287094 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 61277 | 0.155 |
13 | 624945 | 0.150 |
5 | 241878 | 0.145 |
9 | 564618 | 0.140 |
4 | 180407 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 28000 | 1 |
0.150 | 33237 | 2 |
0.155 | 2000 | 1 |
0.165 | 287094 | 1 |
0.170 | 35120 | 2 |
Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
15.0¢ |
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Change
0.000 ( 3.23 %) |
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Open | High | Low | Volume | ||
16.5¢ | 17.0¢ | 15.0¢ | 794574 | ||
Last updated 15.21pm 02/05/2024 ? |
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RAIDEN RESOURCES LIMITED
Dusko Ljubojevic, MD
Dusko Ljubojevic
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