The longer AR9 goes without a revenue announcement the lower it will go. Yes, I know that revenue isn't everything however irrespective of how good the business plan and pursuit of relationships/business, unless they materialise into $'s in the door, the share price will predominantly be based on speculation. The problem is that if Biden wins, we will see a massive drop(dip) in the Dow and the ASX will respond accordingly - the hardest hit is the speculative components of stocks like ARP9. So, you may get it cheaper then. On the other hand, if Trump prevails then it could be the opposite.
As much as we may not like it, the Dow still influences the ASX. As I said previously, it's a matter of holding your nerves and not panicking, because I do believe that long term AR9 will flourish - it's a matter of how soon they grow revenue and consequently uplift fundamentals. Speculation will only carry it for so long.
AR9 Price at posting:
36.0¢ Sentiment: Hold Disclosure: Held
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