1. Most Discussed
  2. Gainers & Losers
ARQ $3.27

up 26% today

  1. were

    2,086 Posts.

    Held on to the rise through the day - more to come no doubt as they drill on and test the field. My first 'off the bat' info is that apparently Eremia should be at least Hovea's size and maybe bigger. Could be flowing via an expanded Hovea Production Facility in six months if all goes to plan. ARQ could be producing 5000 BPOD in their own right?. Even at a $US25 Oil Price this will gross something like $75m pa. I think ARQ are going to be a target in the near term whether they like it or not.

    Interesting a 500,000 order was floating around during the afternoon. It was at 58c for a while and then shot up to 65c late in the day no doubt hoping to 'snag' traders/profit takers. It has since fallen off the board entirely. At one point there were 750,000 odd at 65c on the buy side.

    Happy Days!

Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.


Thank you for visiting HotCopper

We have detected that you are running ad blocking software.

HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.