AR9 3.90% 8.0¢ archtis limited

yeah maybe but short term price is continuing to drift down...

  1. 145 Posts.
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    yeah maybe but short term price is continuing to drift down despite a fairly upbeat 4c update. the depth and quick adjustments on trades makes me think someone is at work here. one member here said the price might see the 25c area again and I couldn't see why anyone would think that after the update. but the other driver in play is the 1.75M options to be assigned to directors at 145% of WAP 5 days before 23/11/21 - not 44c as some ppl thinking. if I was getting them I'd want the exercise price to be low. maybe this is why price is continuing drift down. maybe ppl figure nothing big going to drop before then on account of this options issue being in play and not worried about being out until then. presumably the settling of these acquisitions with shares will be well after that. just a thought
 
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Last
8.0¢
Change
0.003(3.90%)
Mkt cap ! $22.92M
Open High Low Value Volume
7.9¢ 8.0¢ 7.9¢ $28.12K 355.2K

Buyers (Bids)

No. Vol. Price($)
1 12500 8.0¢
 

Sellers (Offers)

Price($) Vol. No.
8.3¢ 78636 4
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Last trade - 15.50pm 11/07/2024 (20 minute delay) ?
AR9 (ASX) Chart
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