AR9 5.00% 7.6¢ archtis limited

Ann: AR9 Awarded $528k Contract with BAE Systems Maritime Aus, page-220

  1. 874 Posts.
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    “The stock market is a device for transferring money from the impatient to the patient.” Warren Buffett

    I think that is a brilliant observation!

    My view of AR9 is that every day it spends money on writing software, is that an expense or an investment? I say it is an investment unless they dont know what they are doing, and the test that they know what they are doing must surely be the awards they keep getting.

    I am buying into AR9 for the long haul, to me 10c is crazy low if the company becomes cahflow positive this financial year with growing sales, sticky customers and proved software.

    I am not suggesting people buy, or sell, I am just saying DYOR and be patient.
 
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