AR9 2.56% 8.0¢ archtis limited

Something I've learned over the last 2 years: unprofitable...

  1. 219 Posts.
    lightbulb Created with Sketch. 42
    Something I've learned over the last 2 years: unprofitable companies with "big upside potential" can act like OTM call options. They have no inherent value, but time value, depending on how long they can survive for and how quickly they can get to profitability and scale. Time is not on the side of the unprofitable company, and their market cap suffers time decay (theta). I think this is where AR9 is at the moment, and the market is scared.
 
watchlist Created with Sketch. Add AR9 (ASX) to my watchlist
(20min delay)
Last
8.0¢
Change
0.002(2.56%)
Mkt cap ! $22.92M
Open High Low Value Volume
8.0¢ 8.0¢ 8.0¢ $8 100

Buyers (Bids)

No. Vol. Price($)
1 38036 7.8¢
 

Sellers (Offers)

Price($) Vol. No.
8.1¢ 98300 1
View Market Depth
Last trade - 14.20pm 26/07/2024 (20 minute delay) ?
AR9 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.