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
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $55.55M |
Open | High | Low | Value | Volume |
16.5¢ | 16.5¢ | 16.0¢ | $22.41K | 135.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 100330 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 56395 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 100330 | 0.165 |
2 | 291642 | 0.160 |
8 | 99697 | 0.155 |
18 | 1047242 | 0.150 |
1 | 40000 | 0.145 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 56395 | 5 |
0.175 | 288912 | 8 |
0.180 | 315999 | 10 |
0.185 | 157663 | 8 |
0.190 | 171500 | 3 |
Last trade - 10.00am 27/05/2024 (20 minute delay) ? |
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Last
16.5¢ |
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Change
0.000 ( 3.13 %) |
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Open | High | Low | Volume | ||
16.5¢ | 16.5¢ | 16.5¢ | 75416 | ||
Last updated 10.41am 27/05/2024 ? |
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