MARKETS

Arc breaks $300m mark

The Tony Barlow Groups steady rejuvenation as an investment play gained strength in recent weeks. Early November, BWT was relisted at 1.6c. Last week it raised another $1.5 million through a convertible note to new director Jon Stewart, engineer behind Dana Petroleums resurgence since 1993. It peaked at 6c this week, its highest March 2000.

Arc breaks $300m mark

Arc Energy has broken out of its $1.40 resistance level on the back of significant gas flows for its 100% owned Dongara 32 well. Finishing the week at $1.78 Arc is now valued at almost $350 million and...

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