AR9 - archTIS Limited

[Dona Ferentes]

60c - 5c = 55c
(55 ÷ 5) × 100 = 1,100%
That was the gain in less than 2 months.
Lot of profit to protect, especially for those who participated in the $11m cap raise @ 5.5c
Third fallback from the near 60c level

the cap raise at 5.5c was $1.65mill, plus $540K in a SPP. And yes, 60c . ... definitely gets the horses restless.

Now 164million shares on issue.

as to what gives? ; I'd blame it on the overzealous work experience person at Austender (young age) ... see post #56

 

[Garpal Gumnut]

I do like symmetry. As of a few moments ago AR9. Could someone please lend me two pencils.....A red one.....and a green one.

gg

 

[Dona Ferentes]

could lend you some of those shares n options out of escrow today; would that help?

 

[finicky]

Looks a pretty healthy chart to me. I expect that a 3rd higher low is being put in about here?

 

[Garpal Gumnut]

Looks a pretty healthy chart to me. I expect that a 3rd higher low is being put in about here?

Maybe, although no higher high to go with it.

Looks to me like a Ménage a Trois. And we all know how they end.

gg

 

[over9k]

I do like symmetry. As of a few moments ago AR9. Could someone please lend me two pencils.....A red one.....and a green one.

gg

View attachment 112035

This is some of the most sophisticated DD I have ever seen.

I am going to buy based on this.

 

[Chronos-Plutus]

I have 6 different colored pencils; if you only require 2 pencils; then that should give you an option of 15 different combinations

 

[Dona Ferentes]

the cap raise at 5.5c was $1.65mill, plus $540K in a SPP. And yes, 60c . ... definitely gets the horses restless.
Now 164million shares on issue.

in today's investor presentation, mention made that in recent months, archTIS’ profile has increased materially:
- Daily trading volumes have increased from less than 100,000 pre-raise to an average of over 4 million, and
- Shareholder base has increased from ~400 to over 4,000.

(addressable market; how big?)

 

[finicky]

Chart still looks loaded to me and awaiting a catalyst (one good announcement)
I have no fundamentals to justify it and am not adding myself, just remarking on a nice chart.

Daily

 

[makteb]

Chart still looks loaded to me and awaiting a catalyst (one good announcement)
I have no fundamentals to justify it and am not adding myself, just remarking on a nice chart.

Daily
View attachment 112906

I say add to the bags

 

[Dona Ferentes]

Chart still looks loaded to me and awaiting a catalyst (one good announcement)
I have no fundamentals to justify it and am not adding myself, just remarking on a nice chart.

Price action behaviour today was a 'frisky dog on a leash' when the Quarterly came out. Settled down after a while. (Still waiting for the BIG ONE?)

Secured over $5m worth of contracts and renewals. There was good confirmation that the sales are there as telegraphed, and encouragement that product development costs will lead to new contracts; this work will "address specific customer requirements where the customer partly funds the enhancement. The enhancements and additional features will improve archTIS' products for all customers going forward. "

During the quarter, the Australian Government committed to the following funding initiatives to mitigate the growing threat to Information and Cyber Security:
• $270b of funding to Department of Defence, including $15b over the next decade to cyber and information welfare capabilities; and,
• $1.67b over the next decade to Australia’s Cyber Security strategy.
These Government funding initiatives have substantial information sharing requirements that archTIS is well positioned to potentially capture though the Kojensi platform, either directly or indirectly to private markets tendering to Government.

 

[finicky]

How horrible. I'm only infallible 50% of the time. Let's hope for a spring back (possible).

 

[Garpal Gumnut]

How horrible. I'm only infallible 50% of the time. Let's hope for a spring back (possible).

View attachment 113780

While not wishing holders any ill, this is just below where I sold out my second tilt at this great stock having profited on 2 run ups. I missed the great move up to 60c. Its a good trading stock. Come back to gg. Come back.

gg

 

[makteb]

Just the support line, which its hitting pretty hard...

Good move to lock in profits GG .

For what was a penny stock and the majority of the govt funding still to be "won", lets see what happens during these choppy times.

 

[Dona Ferentes]

archTIS enters Microsoft market with transformational acquisition of global information protection business Nucleus Cyber

Highlights
• archTIS will acquire 100% of global information protection business, Nucleus Cyber, for a total potential consideration of up to A$9.75m in archTIS shares.
• The acquisition will create a global, geographically diverse company that supports archTIS’ strategy of being the world’s premier provider of policy enforced access control platforms for securing and sharing digital information.
• This is a transformational acquisition that leverages our core capabilities, expands our offering into the Microsoft product suite, and instantly opens new commercial and geographic markets via Nucleus Cyber’s Microsoft co-sell agreement through Microsoft field sales and channel resellers.
• The new combined product offering creates increased revenue diversity, greater recurring revenues, and a platform for accelerated growth.
• By utilising a scrip swap deal, archTIS remains in a strong cash position with circa A$4m cash at hand plus a further A$1m cash proceeds expected from exercise of expiring options by July 2021.
• Key Nucleus Cyber team members will join the archTIS senior executive team, significantly enhancing our North American and Microsoft product suite expertise.

- up on a down day?
(Our market: • Global • Massive • Growing • Compliance driven • Under increasing cyber threats)

 

[finicky]

But I thought they were in a strong cash position. Maybe they lulled shareholders. No one close to the company sensed this coming during recent price weakness? So 12 days ago they're informing the market that they're in a strong cash position, today they're announcing a capital raising.

Today, 10 November 2020, Trading Halt

" .. the Directors of archTIS Limited (ASX:AR9) request a trading halt be placed on the Company’s securities effective immediately, pending release of an announcement regarding a capital raising."

29 October 2020 ASX Announcement: AR9 Acquires Nucleus Cyber

• archTIS will acquire 100% of global information protection business, Nucleus Cyber (NC), for a total potential consideration of up to A$9.75m in archTIS shares.

• By utilising a scrip swap deal, archTIS remains in a strong cash position with circa A$4m cash at hand plus a further A$1m cash proceeds expected from exercise of expiring options by July 2021.

 

[Dona Ferentes]

Yep, it does seem rather soon. Ninety percent of me thinks they miscalculated the spend needed.

from the AFR today

Canberra-based cyber security firm archTIS has launched a cash call, two weeks after buying data security business Nucleus Cyber. The $69 million company was looking for $7 million in fresh equity on Tuesday morning via a placement of new shares, in a raising being handled by MST Financial and amicaa Advisors. The offer was priced at 33¢ a share, which represented a 15.4 per cent discount to archTIS' last close and a 19.7 per cent discount to the 30-day VWAP, according to terms.

Money raised would go towards sales and marketing and commercialising one of archTIS' products. It would also be used to finance some obligations associated with archTIS' purchase of Nucleus Cyber last week, for a $6.25 million initial scrip consideration and $3.5 million deferred scrip consideration.

 

[Garpal Gumnut]

Yep, it does seem rather soon. Ninety percent of me thinks they miscalculated the spend needed.

from the AFR today

Thank you both. I was about to consider re-entering ar9 and was unsure if the cr was a sign of strength or weakness. Q answered.

But I thought they were in a strong cash position. Maybe they lulled shareholders. No one close to the company sensed this coming during recent price weakness? So 12 days ago they're informing the market that they're in a strong cash position, today they're announcing a capital raising.

Today, 10 November 2020, Trading Halt

" .. the Directors of archTIS Limited (ASX:AR9) request a trading halt be placed on the Company’s securities effective immediately, pending release of an announcement regarding a capital raising."

29 October 2020 ASX Announcement: AR9 Acquires Nucleus Cyber

• archTIS will acquire 100% of global information protection business, Nucleus Cyber (NC), for a total potential consideration of up to A$9.75m in archTIS shares.

• By utilising a scrip swap deal, archTIS remains in a strong cash position with circa A$4m cash at hand plus a further A$1m cash proceeds expected from exercise of expiring options by July 2021.

gg

 

[frugal.rock]

Ninety percent of me thinks they miscalculated the spend needed.

Chaos theory works on the 10%... what is 10% of you thinking?
Hmmm?

 

[Dona Ferentes]

I was about to consider re-entering ar9 and was unsure if the cr was a sign of strength or weakness. Q answered.

Raising $8.4mill from instos and sophisticates. At 33c

And it is all to advance the Nucleus tie-up (accelerate sales and marketing), so it was about weakness.