AR9 1.20% 8.4¢ archtis limited

Ann: Quarterly Results Investor Update Webinar, page-73

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  1. 161 Posts.
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    Weeds are stocks killing my portfolio. The only thing averaging down does at this point is improve my %loss. It doesn’t make me more money.
    I will average down when I see a turn around in AR9s graph and metrics. Cash flow positive is the first step but now will need sustained growth to support further investment.
    Money I have available I put into stocks trending up.
    Not ones that I think might trend up.
    Recently I put 30k into Duratec at $1.05., it’s now around $1.30. If I put that money into AR9 at the same time I would probably be down or flat.
    Hope that helps.
 
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