AR9 1.41% 7.0¢ archtis limited

AR9 $1+, page-599

  1. 1,959 Posts.
    lightbulb Created with Sketch. 412
    Nice list of clients however I still think that AR9 needs some big contracts or large licensing deals. Their largest contract for ~$4M is only for 8 months. The bulk of share price is supported by speculation rather than fundamentals. It needs contracts in the tens of millions - I have no doubt that is what they are working on. My concern is that the Dow is getting a little over-heated and if it takes a correctional dive the ASX will respond with those stocks propped up by speculation suffering most.

    Don't get me wrong, I'm not down ramping AR9, I am heavily invested and no doubt it will do well long term but I would rather see an undulating path to success than a rocky one. It has great leadership and a top business plan with great advisers but it does give me occasional anxiety.
 
watchlist Created with Sketch. Add AR9 (ASX) to my watchlist
(20min delay)
Last
7.0¢
Change
-0.001(1.41%)
Mkt cap ! $20.06M
Open High Low Value Volume
7.0¢ 7.0¢ 7.0¢ $9.519K 136.8K

Buyers (Bids)

No. Vol. Price($)
1 24637 6.9¢
 

Sellers (Offers)

Price($) Vol. No.
7.0¢ 68073 1
View Market Depth
Last trade - 14.24pm 01/11/2024 (20 minute delay) ?
AR9 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.