AXE archer materials limited

Ann: Departure of CEO, page-215

  1. 21,085 Posts.
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    Thanks Chingy….

    …. That mothballs twist certainly adds to my own ‘newcomer’ challenge to understand a bit more about the fundamentals here (can you call a field so ephemeral a fundamental?)

    …And the author, Dr Mohammed Choucair has been leading Archer as CEO since 2017 and was the force behind the transition of AXE from kaolin to qubits. …. But the market just found out five days ago that he’s leaving in January?

    And that sponsored story from Pitt Street Research [ref 03/07/24 ] says all the quantum research companies are in the same ‘early stages’ boat, and that April government money to lure a US competitor to Australia makes no difference.?
    But maybe it made enough of a difference for the CEO to decide (or be told?) to leave?

    FWIW there was a media story yesterday about how five Brisbane universities have joined to foster the competitor, PsiQuantum’s development in Queensland …



    cheers?
    Last edited by sabine: 17/07/24
 
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