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8.0¢ archtis limited

That would go against what the Federal Gov is planning, why...

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TurtleTrainer

1,983 Posts.

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15/07/20

13:46

Post #: 45882331
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Originally posted by magiccat: ↑

Australia is a relatively small market. All these talks about the share hitting $1dollar is pie in the sky stuff. 20c per share is more realistic. There are many secure collaboration tools in the market for government inside IBM (Watson Cloud) and Microsoft ( Azure) . After all the both of those vendors provides cloud and collaboration services to the NSA and CIA in the States.

Archtis is relevant locally because they are hosted in country. Currently their SaaS offering is hosted in Vault and Cirrus in Canberra. They need to grow their business with heaps more Cloud partners and many times over before they can hit 20c per share. A more likely outcome is that they get taken over by one of the local MSP providers when they run out of money.

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That would go against what the Federal Gov is planning, why initiate 15 billion to cyber security in the form of jobs and boosting local businesses to contract a foreign service?

Go back and have a read of the article DpBear posted or just read the first sentence. Australian Gov is considering legislation to ensure that all sensitive gov data is in Australia and owned by Australian domestic companies.

AR9 Price at posting: 15.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 8.0¢		Change 0.003(3.90%)		Mkt cap ! $22.92M

Open	High	Low	Value	Volume
8.1¢	8.1¢	8.0¢	$5.082K	62.90K

Buyers (Bids)

No.	Vol.	Price($)
1	31645	7.9¢

Sellers (Offers)

Price($)	Vol.	No.
8.0¢	36788	1

View Market Depth

No.	Vol.	Price($)
1	31645	0.079
2	27800	0.078
1	11895	0.077
5	264710	0.075
1	30000	0.072

Price($)	Vol.	No.
0.080	36788	1
0.081	56609	1
0.082	93985	2
0.083	24240	1
0.085	14776	2

Last trade - 13.33pm 30/07/2024 (20 minute delay)

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