I know HDR has taken up most of the interest today regarding their wells and takeover potential but if ever there was a strong takeover candidate it would have to be Arc Energy IMO.
Origin would be circling all over ARQ at present given the results of their drilling.
Furthermore I have read reports that value ARQ at around 75+ cents from different brokers so even after todays healthy rises there would appear more to come.
All this is my opinion.
Comments welcome.
Arc Energy looking good
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Last
22.5¢ |
Change
-0.005(2.17%) |
Mkt cap ! $74.49M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 23.0¢ | 22.0¢ | $43.28K | 190.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 135037 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 34920 | 3 |
View Market Depth
| Last trade - 15.36pm 24/06/2022 (20 minute delay) ? |
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Last
22.5¢ |
Change
-0.005 ( 2.17 %) |
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| Open | High | Low | Volume | ||
| 23.0¢ | 23.0¢ | 22.0¢ | 192606 | ||
| Last updated 15.54pm 24/06/2022 (live) ? | |||||
| WCG (ASX) Chart |