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AR9

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1.32%

7.7¢ archtis limited

Only company close with clients similar but not to the same...

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ms982

66 Posts.

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21/08/20

21:31

Post #: 46731315
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Originally posted by tropic: ↑

In the absence of any announcement of contracts generating revenue, I still think this will roam the low 30's to high 40's. That roaming will be driven by sentiment. It needs revenue to underpin fundamentals to go any higher. If it it goes higher on sentiment then it will fall again - just as much. Can still make money out of that roaming.

I do struggle to see how AR9 will secure contracts directly and still believe that they will need to partner as a joint tender or subcontractor in the Govt security space. A partnership announcement could also give it an uplift. There's a range of stocks in this sector looking equally or more attractive, TNT, CPT, IP1, ID8. This is one where money can be made by either trading or long term hold, however the long term hold carries a bit more risk with higher reward.

Still hoping to jump back in.

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Only company close with clients similar but not to the same standard is homeaffairs.gov Northrop Grumman has been mentioned multiple time through out the cyber security uplift and funding announcements. Archtis is the only company contracted with Northrop Grumman and also has top secret accreditation with our government, defence and the US. Everyone needs secure infomation sharing at top secret level... DYOR #kthanksbye.

AR9 Price at posting: 46.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 7.7¢		Change 0.001(1.32%)		Mkt cap ! $22.04M

Open	High	Low	Value	Volume
7.6¢	7.8¢	7.5¢	$53.21K	693.3K

Buyers (Bids)

No.	Vol.	Price($)
6	398539	7.5¢

Sellers (Offers)

Price($)	Vol.	No.
7.7¢	205429	2

View Market Depth

No.	Vol.	Price($)
6	398539	0.075
2	180000	0.072
2	159845	0.071
7	272523	0.070
2	150000	0.065

Price($)	Vol.	No.
0.077	205429	2
0.078	44933	1
0.080	84055	2
0.082	2414	1
0.083	78636	4

Last trade - 15.57pm 27/06/2024 (20 minute delay)

AR9 (ASX) Chart