AR9
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2.56% 8.0¢ archtis limited

Ann: AR9 commences trading on OTCQB market, page-4

  1. SuperWealthy
    7,120 Posts.
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    02/11/21
    09:35
    Post #: 57248475
    A positive announcement for sure, but from my quick scan of the deal it looks like AR9 has resold an Okera product - the overall contract being worth $449K but only $241K coming to AR9 via “annual recurring licensing”. Is that the interpretation of others?

    Also unsure how long the contract runs. I’m assuming 1yr with the option of 5 further yrs - there is a typo in the release regarding the contract end date see pic attached.

    https://hotcopper.com.au/data/attachments/3749/3749717-3a8b367476475bbbe53aedd6e339ef44.jpg
    Last edited by SuperWealthy: 02/11/21
    AR9 Price at posting: 28.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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