5GN 3.33% 15.5¢ 5g networks limited.

ARQ chart, page-32

  1. 151 Posts.
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    I don't follow the day-to-day trades and ups and downs of the price. I was only following the possible recovery story of ECX after it was dropped by MMS (of which I was a shareholder). I bought into ECX on the news of their management renewal plans, removing the CEO and the CFO retiring, and offloading under-performing divisions. It seemed that they were serious about the recovey. So I invested, and am still invested.

    ARQ does have some similarities (that's why I'm still watching). They have already done some management renewal, perhaps not as drastic as at ECX, but maybe it doesn't need to be. They have also committed to offloading their underperforming indirect SMB business.

    I can see that ARQ has potential, and possibly just needs some good news to start to climb, whether that is the confirmation of a sale of their under-performing division, or better results. Or even an announcement about future business transformation plans .
    Last edited by Jackthelad55: 26/07/19
 
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