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4.55%

6.9¢ archtis limited

Ann: Application for quotation of securities - AR9, page-24

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Antyo

1,209 Posts.

158

04/07/24

17:06

Post #: 74612112
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Originally posted by vivRookie: ↑

Just looked at the financials again. Daniel Lai got himself in a difficult position cos should've reined-in expenditure but:
1. Has done so now n is Cash Flow +VE now.
2. The expenditure was on R+D, not lifestyle, so should pay dividends.
All good. Takes years for such products to get on the defence/ cybersecurity gravy train but ar9 is making good progress. DL has just topped up at this sp n I'm doing the same.

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We aren't cash flow positive.

DL didn't top up they were freebies.

We are walking on a tight rope until we get some new deals. Agree the cut aggressively when they had to and we should be thankful.

Need to avoid dilution otherwise death by 1000 cuts.

AR9 Price at posting: 7.7¢ Sentiment: Hold Disclosure: Held
3 Upvote

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(20min delay)
Last 6.9¢		Change 0.003(4.55%)		Mkt cap ! $19.77M

Open	High	Low	Value	Volume
6.9¢	6.9¢	6.9¢	$3.307K	47.92K

Buyers (Bids)

No.	Vol.	Price($)
3	164477	6.7¢

Sellers (Offers)

Price($)	Vol.	No.
6.9¢	11573	1

View Market Depth

No.	Vol.	Price($)
3	164477	0.067
2	160538	0.066
1	7698	0.065
1	20000	0.064
2	56400	0.062

Price($)	Vol.	No.
0.069	11573	1
0.070	73573	2
0.071	14464	2
0.074	66155	1
0.075	10000	1

Last trade - 11.52am 06/11/2024 (20 minute delay)

AR9 (ASX) Chart