ARQ has been pushing higher for a while now. Origin Energy has just been upgraded to a "buy" based among other things to it's exposure to Hovea. One can only imagine how positive this is to ARQ given it owns 50% of Hovea.
I have been pushing ARQ for a while but the share price speaks for itself.
IMO will be subject to a takeover bid by either Origin or some other Perth Basin player. Price should be north of 80 cents.
My opinions only. Comments welcome.
I own.
arq comments
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Last
41.0¢ |
Change
-0.005(1.20%) |
Mkt cap ! $50.07M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 41.0¢ | 40.0¢ | $22.57K | 56.20K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20850 | 40.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.0¢ | 29284 | 3 |
View Market Depth
| Last trade - 15.59pm 14/11/2019 (20 minute delay) ? |
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Last
40.5¢ |
Change
-0.005 ( 1.25 %) |
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| Open | High | Low | Volume | ||
| 40.5¢ | 40.5¢ | 40.5¢ | 1073 | ||
| Last updated 14.06pm 14/11/2019 (live) ? | |||||
| ARQ (ASX) Chart |