Australia's largest stock trading and investment forum Australia's #1 stock forum

AR9

Click for more information

1.47%

6.9¢ archtis limited

Be careful speaking facts about AR9 because the cheer squad can...

First 58 Last

Share
Profile

Follow
SuperWealthy

7,153 Posts.

851

06/06/24

20:39

Post #: 74202971
Share

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.

Expand

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
4 Upvote

0 Great analysis

Reply

Top Stories

CPV

ClearVue inks deal with UK heated glass player to combine solar tech with its offering

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Trump is President Again: What Does This Mean for Crypto?

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

AR3

Overland drilling proves promising for Australian Rare Earths' uranium hopes

There are more pages in this discussion • 324 more messages in this thread...

First 58 Last

Add AR9 (ASX) to my watchlist

(20min delay)
Last 6.9¢		Change 0.001(1.47%)		Mkt cap ! $19.77M

Open	High	Low	Value	Volume
6.9¢	6.9¢	6.9¢	$2.042K	29.58K

Buyers (Bids)

No.	Vol.	Price($)
3	216745	6.9¢

Sellers (Offers)

Price($)	Vol.	No.
7.2¢	37943	3

View Market Depth

No.	Vol.	Price($)
3	216745	0.069
3	320506	0.068
2	104477	0.067
4	220538	0.066
1	7698	0.065

Price($)	Vol.	No.
0.072	37943	3
0.074	66155	1
0.075	10000	1
0.077	180000	1
0.078	10000	1

Last trade - 13.16pm 13/11/2024 (20 minute delay)

AR9 (ASX) Chart