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8.4¢ archtis limited

Hi Rasaj,Must admit I had not thought about diversifying into...

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tropic

1,784 Posts.

381

22/05/24

19:58

Post #: 73962324
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Originally posted by rasaj: ↑

Had an interesting thought overnight, and am slowly coming to your view around diversification.

Not from a business point of view, but from an insto investor POV.

Could the heavy defence thematic potentially hold back or limit interest from some instos? Re ESG concerns, etc.

Apologies if this is something you've raised before. Curious to hear your thoughts.

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Hi Rasaj,
Must admit I had not thought about diversifying into the market to mitigate business risk also provides an increased diversity of insto's exposure. It's true that many insto's are sector focused. Given that Defence moves so slowly(and at times comes to standstill), many Insto's would shy away as they have to deliver returns to their customers within a reasonable timeframe. Your suggestion makes a lot of sense to me.

AR9 Price at posting: 9.1¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 8.4¢		Change -0.002(2.33%)		Mkt cap ! $24.04M

Open	High	Low	Value	Volume
8.6¢	8.7¢	8.4¢	$35.32K	412.1K

Buyers (Bids)

No.	Vol.	Price($)
1	80000	8.2¢

Sellers (Offers)

Price($)	Vol.	No.
8.5¢	61776	2

View Market Depth

No.	Vol.	Price($)
1	80000	0.082
2	77543	0.081
2	147000	0.080
1	19000	0.071
7	286801	0.070

Price($)	Vol.	No.
0.085	61776	2
0.086	117000	1
0.089	1416	1
0.090	170000	2
0.091	20000	1

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