AR9
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2.56% 8.0¢ archtis limited

I was expecting DOD contract to be around $10M. But 7m is...

  1. NaveedAli83
    669 Posts.
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    23/06/22
    10:17
    Post #: 62154276
    I was expecting DOD contract to be around $10M. But 7m is acceptable in current scenario, with KPMG and other small contracts renewals not including future pipeline this will put AR9 to near cashflow positive and should not raise any capital unless future takeovers and acquisitions. This share price will rerate slowly cuz market is still needs time to absorb the scale and future prospective contracts impact on AR9 Share Price. I am happy to hold couple of years and I think this will touch $2.
    AR9 Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 10  Upvote
    lightbulb Created with Sketch.  Great analysis
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