I talked with Eric specifically discussing his views on Jingemia. He felt this would add additional weight in revaluing ARC's land. He also mentioned the fact of further drilling in L1/L2 after Hovea 4. He didn't mention any value for the company but he did hint that people were looking at the operation and that he hoped that they would be able to drill more holes before being taken over too soon. He also has big expectation( + other directors) that price is heading in one direction.
Back in August I mentioned that 80 cents by years end was achievable.I still believe this is possible. My valuation was a tad optimistic in arc's nett profit per barrel but when you consider recent( Jim) events then 80 cents seems feasible. I have been buying up on the dips( low 40's) and now hold 150K and it is my second largest holding.
all the best to those who hold. I also increased my holding in Voy
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Last
17.5¢ |
Change
0.005(2.94%) |
Mkt cap ! $59.91M |
Open | High | Low | Value | Volume |
17.5¢ | 17.5¢ | 16.5¢ | $86.54K | 505.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 340324 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 788632 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 340324 | 0.165 |
8 | 535020 | 0.160 |
4 | 198500 | 0.155 |
6 | 395900 | 0.150 |
2 | 55000 | 0.145 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 367947 | 6 |
0.180 | 205973 | 7 |
0.185 | 416295 | 13 |
0.190 | 736603 | 10 |
0.195 | 206500 | 5 |
Last trade - 16.10pm 28/03/2024 (20 minute delay) ? |
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Last
16.5¢ |
  |
Change
0.005 ( 2.94 %) |
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Open | High | Low | Volume | ||
17.5¢ | 17.5¢ | 16.5¢ | 64872 | ||
Last updated 14.13pm 28/03/2024 ? |
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