My take on the results:
1. I believe a foundation/base is being formed for more enduring and sustained growth profile for ART.
2. The stock has had a stellar run over the past few weeks and was extremely vulnerable to a " pullback ". The only thing that would have prevented this is explosive growth and profitability. Investors got ahead of themselves.
3. Seen it all before and to be perfectly honest, although it can be quite painful for investors, this type of trend is actually the most desirable, if you can handle the volatility as it will become more entrenched and , ultimately, lead to higher valuation.
4. UK summer will be a game changer as more customers engage the platform. Next quarterly should validate this assumption.
5. ART is on track to be cashflow positive in 2024 .......no change to forecast.
- Forums
- ASX - By Stock
- Ann: Quarterly Activities/Appendix 4C Cash Flow Report
My take on the results:1. I believe a foundation/base is being...
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ART (ASX) to my watchlist
(20min delay)
|
|||||
Last
25.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $113.1M |
Open | High | Low | Value | Volume |
25.5¢ | 25.5¢ | 25.0¢ | $35.54K | 142.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 31828 | 25.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.5¢ | 34564 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 34070 | 0.250 |
3 | 147675 | 0.245 |
7 | 132694 | 0.240 |
1 | 9000 | 0.235 |
5 | 68644 | 0.230 |
Price($) | Vol. | No. |
---|---|---|
0.255 | 34564 | 3 |
0.260 | 53995 | 13 |
0.265 | 147692 | 4 |
0.270 | 15018 | 10 |
0.275 | 26398 | 3 |
Last trade - 13.08pm 04/06/2024 (20 minute delay) ? |
|
|||||
Last
25.0¢ |
  |
Change
0.000 ( 1.96 %) |
|||
Open | High | Low | Volume | ||
25.0¢ | 25.3¢ | 25.0¢ | 32854 | ||
Last updated 12.33pm 04/06/2024 ? |
Featured News
ART (ASX) Chart |