You have every right to your opinion Rouge1 and I respect that. We are all here to invest and trade in different capacities, risk tolerances with differing timelines so there is no one size fits al with stocks.
If I may… your interpretation that you find it odd they blame investors for the share price couldn’t be further from the truth.
They simply acknowledged the downturn in tech stocks worldwide and Archer was not immune to this downturn. Of course they are frustrated with the SP considering the advances they have been making just as you and I are! They had nothing but praise for their investors and to be honest… as proof of their thankfulness to their investors you need look no further than the ITM transaction where investors benefited financially when they could have kept the money in the company coffers!
The challenges to building 12cq and Bio chip are immense but they are tackling these challenges each at a time. I don’t think you can put an accurate timeline on building these technologies… it’s not like they have a path before them to follow. Mohammad has never shyed away from acknowledging a final product is years away and I think most of us here already know that. Hence why I think AXE is not a one size fits all investors.
We are all very much aware of the risk/reward.
Of the handful of workers at Archer, if you ask me if they can crack the technology challenges of our generation to give birth to new technologies… absolutely!
I hope you stay the course Rough1. But if Archer doesn’t suit your portfolio I do wish you all the best in your investments.
Cheers
Tonza
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You have every right to your opinion Rouge1 and I respect that....
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Last
30.5¢ |
Change
0.045(17.3%) |
Mkt cap ! $77.72M |
Open | High | Low | Value | Volume |
29.0¢ | 33.0¢ | 29.0¢ | $698.9K | 2.286M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 605 | 30.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
31.0¢ | 41370 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 605 | 0.305 |
5 | 60844 | 0.290 |
3 | 43543 | 0.285 |
3 | 5000 | 0.280 |
1 | 9642 | 0.275 |
Price($) | Vol. | No. |
---|---|---|
0.310 | 39700 | 4 |
0.315 | 21250 | 2 |
0.320 | 172928 | 3 |
0.325 | 46262 | 4 |
0.330 | 119781 | 4 |
Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
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AXE (ASX) Chart |