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
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $52.18M |
Open | High | Low | Value | Volume |
16.0¢ | 16.0¢ | 15.5¢ | $54.69K | 344.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 460665 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 170859 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 460665 | 0.155 |
16 | 664830 | 0.150 |
3 | 246896 | 0.145 |
8 | 435897 | 0.140 |
4 | 71457 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 170859 | 3 |
0.170 | 79137 | 7 |
0.175 | 268912 | 7 |
0.180 | 295712 | 8 |
0.185 | 152258 | 7 |
Last trade - 16.10pm 23/05/2024 (20 minute delay) ? |
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Last
16.0¢ |
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Change
0.000 ( 1.59 %) |
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Open | High | Low | Volume | ||
15.8¢ | 16.0¢ | 15.5¢ | 127708 | ||
Last updated 15.55pm 23/05/2024 ? |
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