AR9 7.50% 7.4¢ archtis limited

AR9 $1+, page-599

  1. 1,867 Posts.
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    Nice list of clients however I still think that AR9 needs some big contracts or large licensing deals. Their largest contract for ~$4M is only for 8 months. The bulk of share price is supported by speculation rather than fundamentals. It needs contracts in the tens of millions - I have no doubt that is what they are working on. My concern is that the Dow is getting a little over-heated and if it takes a correctional dive the ASX will respond with those stocks propped up by speculation suffering most.

    Don't get me wrong, I'm not down ramping AR9, I am heavily invested and no doubt it will do well long term but I would rather see an undulating path to success than a rocky one. It has great leadership and a top business plan with great advisers but it does give me occasional anxiety.
 
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Last
7.4¢
Change
-0.006(7.50%)
Mkt cap ! $21.21M
Open High Low Value Volume
7.5¢ 7.9¢ 7.4¢ $856 11.20K

Buyers (Bids)

No. Vol. Price($)
1 99000 7.4¢
 

Sellers (Offers)

Price($) Vol. No.
7.7¢ 119766 2
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Last trade - 14.53pm 23/08/2024 (20 minute delay) ?
AR9 (ASX) Chart
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