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0.72%

7.0¢ archtis limited

Good to see you think this one will recover and have not...

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vivRookie

6,246 Posts.

566

22/05/23

11:03

Post #: 67893521
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Originally posted by tropic: ↑

Yes, I did watch it( I posted here that it was on) as I have watched many of his presentations over the past 3 years. Of course he's bullish - he's the CEO presiding over a company with abysmal performance.Take a look at my post on the 20th.
Do you think a capital raise is not required this year?
Are we going to go cash flow positive by end of this year??
Are we going to land a large Defence contract in the next 12 months??
How is the $3.5M launch of Kiojensi going in the US??

I think we know the answers - some just don't want to admit that they are holding shares in a company that is performing very badly and so need to talk it up to feel better. The Board needs to be held accountable. Label me bearish if you like but I call it as I see it.
It will recover over about 2-3 years but there is much more discomfort coming before it will get better and there will be better buying opportunity toward end of year.

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Good to see you think this one will recover and have not followed the lemmings over a cliff. imo this is a LT hold spec and the point about such specs is that the potential reward is a multi bagger. Sure, it will wobble from time to time but imo those snatching it now will be laughing.

AR9 Price at posting: 7.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 7.0¢		Change 0.001(0.72%)		Mkt cap ! $19.92M

Open	High	Low	Value	Volume
7.0¢	7.0¢	7.0¢	$4.017K	57.48K

Buyers (Bids)

No.	Vol.	Price($)
3	45000	6.9¢

Sellers (Offers)

Price($)	Vol.	No.
7.0¢	26147	2

View Market Depth

No.	Vol.	Price($)
3	45000	0.069
2	27086	0.068
1	50000	0.065
1	7820	0.064
1	60000	0.063

Price($)	Vol.	No.
0.070	26147	2
0.071	101000	2
0.073	66000	1
0.074	3000	1
0.077	32889	2

Last trade - 13.25pm 30/09/2024 (20 minute delay)

AR9 (ASX) Chart