AXE 7.14% 32.5¢ archer materials limited

HiI'm not very familar with quantum computer technology and...

  1. 21 Posts.
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    Hi

    I'm not very familar with quantum computer technology and Archer. Just starting to do some research to form my opinion on whether to invest.

    My current understanding is that Archer previously focused on mineral exploration which has switched its focus towards technology (developing a room temperature quantum computer qubit processor, graphene biosensors etc.)

    They have a contract with IBM and an agreement with an AI company which seems positive to me.

    Looking at other (Australian quantum computer) companies, i only came across Silicon Quantum Computing (Pty Ltd) so far, which appears to have alot of government funding. Not a public company though.

    I also read through the CSIRO "Growing Australia Quantum Technology" document suggesting this could be a 4 billion dollar opportunity for Australia.

    Just wondering if any current holders would mind sharing their reasoning on investing in this company with me?

    At time or writing market cap is $122.7m on Google search. (hard to type/search on my phone)

    As i mentioned earlier just starting to look into this and thougt it might be a bit of fun opening a discussion for people as i have not seem many posts.

    I have a general interest in what this technology is and what it can achieve.

    thanks for reading
 
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