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6.8¢ archtis limited

Ann: Reinstatement to Official Quotation, page-25

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ironwang

765 Posts.

135

20/02/21

08:20

Post #: 51175879
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Originally posted by Sdaji: ↑

Smart move. Doing it during trading hours would have caused a massive dump, and on a nasty day like today, especially so. There will still be a selloff on Monday but it won't be as severe.

It'll be interesting to see what happens through the day on Monday, and through next week. I'm guessing there will be bargains to had for anyone confident about the company's fundamentals. As a non holder I'm not really too fussed and will watch mostly out of interest rather than concern, but I do hope that the selloff isn't too severe, partly just for the sake of holders, and partly because I hold TNT and a drastic selloff would be bad for the Australian sector, not just this specific company.

I wouldn't be surprised if they pop some positive news in before open on Monday morning. If they do have an ace up their sleeve, Monday morning would be the best time to play it.

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Hey Sdaji,

One thing i have to point out i dont think the timing of the announcement was planned.

someone posted the WA supreme court schedule for Friday and ar9 was the last case to be heard, and since its WA it looks like as soon as the court approved it they announced it to the market.

AR9 Price at posting: 30.0¢ Sentiment: Hold Disclosure: Held
6 Upvote

0 Great analysis

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(20min delay)
Last 6.8¢		Change -0.002(2.16%)		Mkt cap ! $19.77M

Open	High	Low	Value	Volume
6.9¢	6.9¢	6.8¢	$4.526K	65.67K

Buyers (Bids)

No.	Vol.	Price($)
5	63768	6.8¢

Sellers (Offers)

Price($)	Vol.	No.
7.0¢	44004	3

View Market Depth

No.	Vol.	Price($)
5	63768	0.068
2	65384	0.065
1	7820	0.064
1	60000	0.063
2	40000	0.061

Price($)	Vol.	No.
0.070	44004	3
0.071	101000	2
0.073	66000	1
0.074	3000	1
0.075	23500	1

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