AR9 4.76% 8.0¢ archtis limited

Ann: Investor Presentation - Quarterly Results, page-91

  1. 1,792 Posts.
    lightbulb Created with Sketch. 382
    I agree Rasaj,
    However my post was about when to buy in and/or accumulate, arguing that they can get much cheaper - and in fact it did go down to 8.1c

    I agree that they need to increase revenue and minimise costs. It's more about the strategy on how they do it which incorporates the business plan and marketing plan. There is also a tipping point, that when you minimise costs you can go too far just to try and become cash flow +ve. I am wondering if this has actually happened as I explained in an earlier post that they should have spent some more money on marketing into other sectors for that revenue while the very slow cogs of defence turn.
 
watchlist Created with Sketch. Add AR9 (ASX) to my watchlist
(20min delay)
Last
8.0¢
Change
-0.004(4.76%)
Mkt cap ! $22.90M
Open High Low Value Volume
8.2¢ 8.2¢ 7.7¢ $92.26K 1.146M

Buyers (Bids)

No. Vol. Price($)
3 447156 7.7¢
 

Sellers (Offers)

Price($) Vol. No.
8.0¢ 8280 1
View Market Depth
Last trade - 16.10pm 19/06/2024 (20 minute delay) ?
AR9 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.