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1.30% 7.8¢ archtis limited

AR9 Top 100, page-93

  1. Tumby
    3,861 Posts.
    lightbulb Created with Sketch. 598
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    04/12/22
    07:32
    Post #: 65137833
    I also sold $30,000 at 0.11 to buy back via the SPP at 10.5 and get the 150,000 free attached 20 cent three year options, i wonder why the management went in on the raise? Even selling at 10.5 gets you the options as a side bet. So expect the SP to hover around 10.5 until news comes out. The brokers on he corporate side were very well informed and up to date with the company. Their input galvanised my position on my thoughts of Archtis morphing to cash positive within months. DYOR.
    AR9 Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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