ARQ 1.32% 38.5¢ arq group limited

awe vs arq and weird maths

  1. 1,078 Posts.
    AWE is trading at $3.46 and it produces 20400 barrels of oil per day.

    Arq is trading at $1.14 and it produces 8,466 boepd basically 41.5% as much as AWE.

    If ARQ traded at 41.5% of AWE's value then it should trade at $1.43 yet it is trading at $1.14 ish.

    That, on my very crude and probably unacceptable analysis, means if ARQ increased by 25% then it would be at 1.41.

    Naturally, you would need to look at the size of the reserves and drilling program if you did this properly so don't rely on my analysis for buying purposes.
watchlist Created with Sketch. Add ARQ (ASX) to my watchlist
(20min delay)
Mkt cap ! $47.02M
Open High Low Value Volume
38.0¢ 39.0¢ 38.0¢ $46.87K 121.3K

Buyers (Bids)

No. Vol. Price($)
3 209043 38.0¢

Sellers (Offers)

Price($) Vol. No.
38.5¢ 3706 1
View Market Depth
Last trade - 16.10pm 06/12/2019 (20 minute delay) ?
0.005 ( 2.56 %)
Open High Low Volume
39.0¢ 39.0¢ 38.0¢ 8691
Last updated 14.53pm 06/12/2019 (live) ?
ARQ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.