AR9 1.25% 8.1¢ archtis limited

He's a good presenter and comes across very well and sincere....

  1. 1,792 Posts.
    lightbulb Created with Sketch. 382
    He's a good presenter and comes across very well and sincere. Looking at the Strategy and Outlook slide, I see that the immediate focus is on growth and market share = revenue. I'd say the current share price is about 20% supported by fundamentals and 80% supported by speculation. They need to convert that speculation into fundamentals which in turn grows not only revenue(for fundamentals) but credible future revenue(speculation). He states that they have employed lots of new marketing/sales staff in current quarter so they will be out there marketing. The next 6 months will be interesting. If they have not grown revenue(especially recurring revenue) then we are in trouble. They have the staff and $'s to do it so I will stick to my strategy to review after 4th quarter.


 
watchlist Created with Sketch. Add AR9 (ASX) to my watchlist
(20min delay)
Last
8.1¢
Change
0.001(1.25%)
Mkt cap ! $23.18M
Open High Low Value Volume
7.8¢ 8.2¢ 7.8¢ $12.07K 150.0K

Buyers (Bids)

No. Vol. Price($)
1 113747 8.1¢
 

Sellers (Offers)

Price($) Vol. No.
8.3¢ 30300 2
View Market Depth
Last trade - 15.57pm 21/06/2024 (20 minute delay) ?
AR9 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.