AR9 1.30% 7.8¢ archtis limited

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-219

  1. 1,811 Posts.
    lightbulb Created with Sketch. 233
    Hi mate, still a Top 20 holder if I recall correctly. Had to sell $20k worth back when the price was around 10.2c. Needed to get a new car.

    Few things going on in my actual life, which have limited my ability to provide comments as frequently as previously.

    If I had the cash handy now, I'd be loading up - as you've pointed out, fundamentals matter, as does purchase price.

    For those concerned about cashflow and the need for a cap raise in the short term, you may want to question management about how they are forecasting their receipts. The answer will provide cause for optimism, looking through into Q1 and Q2 - which is when in theory there should be "cash crunch" looking at numbers as they are.

    Timing of invoicing and payment terms are a critical consideration.
 
watchlist Created with Sketch. Add AR9 (ASX) to my watchlist
(20min delay)
Last
7.8¢
Change
0.001(1.30%)
Mkt cap ! $22.35M
Open High Low Value Volume
7.9¢ 7.9¢ 7.8¢ $1.78K 22.80K

Buyers (Bids)

No. Vol. Price($)
3 64928 7.6¢
 

Sellers (Offers)

Price($) Vol. No.
7.9¢ 87735 1
View Market Depth
Last trade - 14.49pm 05/07/2024 (20 minute delay) ?
AR9 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.