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8.0¢ archtis limited

Ann: AR9 to Present at Henslow Defence and Security Conference, page-58

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SuperWealthy

7,121 Posts.

845

06/06/24

20:39

Post #: 74202971
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Originally posted by tropic: ↑

Recent lows is 8.1c and the 12 month low is 6.9c, so yes it can go lower if there is total silence from the Company. This will continue to slowly grind downwards until a contract is announced or the release of the next quarterly which is about 7 weeks away. This is assuming there is some positivity in the next quarterly. Unlikely that we will be cash flow positive - I noted that Kurt was softening us up for not reaching cash flow positive and was intimating that if we get closer to cash flow +ve then that 's a good thing.

Once again, I think they made a big mistake on channeling all their business effort into the Defence sub-sector. We are at the mercy of Defence.

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Be careful speaking facts about AR9 because the cheer squad can unleash merciless attacks with their Pom-poms.

To date in 2024 we have seen one (1) material contract announcement for a sum of $460K.

So we can see that the runs are not appearing on the scoreboard and as you correctly say - we should prepare for a deflating quarterly.

AR9 Price at posting: 8.8¢ Sentiment: Hold Disclosure: Held
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Last 8.0¢		Change 0.000(0.00%)		Mkt cap ! $22.92M

Open	High	Low	Value	Volume
8.0¢	8.0¢	8.0¢	$0	2

Buyers (Bids)

No.	Vol.	Price($)
1	12800	7.8¢

Sellers (Offers)

Price($)	Vol.	No.
8.0¢	2578	1

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No.	Vol.	Price($)
1	12800	0.078
2	20895	0.077
1	15000	0.076
4	254710	0.075
1	30000	0.072

Price($)	Vol.	No.
0.080	2578	1
0.081	56609	1
0.082	93985	2
0.083	24240	1
0.085	14776	2

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