ARQ 1.22% 41.5¢ arq group limited

Good Oil Presentation

  1. 1,853 Posts.
    lightbulb Created with Sketch. 3
    Arc have that nice presentation on their web site. The key thing is their cash flow estimate. $30million estimated NCF from Hovea alone in 2003, and that's probably conservative. Compare this to current market cap, and it jumps out.

    And who knows what remains in the deeper zone currently drilling. Add in their Cliffhead holdings, and lots of Hovea-like prospects, and this will be a take over target again.

    I think it will become a darling of the brokers after the conference due to it being a probable take over target, and AWE and ROC are likely to have done well out of the Good Oil as well.
 
watchlist Created with Sketch. Add ARQ (ASX) to my watchlist
(20min delay)
Last
41.5¢
Change
0.005(1.22%)
Mkt cap ! $50.68M
Open High Low Value Volume
40.5¢ 41.5¢ 38.5¢ $74.99K 186.6K

Buyers (Bids)

No. Vol. Price($)
2 84100 39.0¢
 

Sellers (Offers)

Price($) Vol. No.
41.5¢ 3728 1
View Market Depth
Last trade - 16.10pm 15/11/2019 (20 minute delay) ?
(live)
Last
40.0¢
  Change
0.005 ( 1.23 %)
Open High Low Volume
40.0¢ 40.5¢ 39.0¢ 35850
Last updated 15.25pm 15/11/2019 (live) ?
ARQ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.