AR9 - archTIS Limited

[Garpal Gumnut]

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.

I've always been uncomfortable among sophisticated investors.

gg

 

[Dona Ferentes]

I've always been uncomfortable among sophisticated investors.

They do tend to be rather short term new best friends. For some reason ASX juniors think they are wonderful.

That said (early days), AR9 has opened at 39c, which is where it closed pre-raise. ... but will it hold?

 

[Garpal Gumnut]

They do tend to be rather short term new best friends. For some reason ASX juniors think they are wonderful.

That said (early days), AR9 has opened at 39c, which is where it closed pre-raise. ... but will it hold?

C37c. I'll see the Sophisticats 4c disappear before I'll re-enter.

gg

 

[peter2]

Noticed a bit of buying in TNT and WHK. Looked at AR9 and yep, they're nibbling here also.
I've added AR9 to the Spec portfolio with a SL at 0.35.

The chart has been quite spikey as the sellers have been happy to sell above 0.50. If price goes higher I might have to keep an eye on those sellers.

Weekly chart not required as It's all about that support level. AR9 remains bullish while price is above 0.35. As mentioned earlier the latest capital raising was done at 0.33.

 

[Dona Ferentes]

... I'll see the Sophisticats 4c disappear before I'll re-enter.

the 'Cats haven't made any noise, 4C or otherwise. Perennial Value fund has revealed a 5% holding, probably in their Microcap fund. They tend to hold for a while.

Microcap Opportunities
The portfolio invests in a range of listed and unlisted companies predominantly comprised of small and microcap stocks which we believe have sustainable operations and whose share prices offer good value.
Description ... We aim to invest in companies outside the S&P/ASX Top 100 Index with a market capitalisation of less than $500 million. The cornerstone of this approach is a strong emphasis on company research. The aim is to develop a detailed understanding of each company before committing investors’ funds. The portfolio will hold in the range of 30 to 70 stocks

 

[Garpal Gumnut]

AR9 is going nowhere quickly at 40c. A very boring stock. Perhaps a name change to “Fred” or somesuch might get punters interested.

gg

 

[Dona Ferentes]

AR9 is going nowhere quickly at 40c. A very boring stock. Perhaps a name change to “Fred” or somesuch might get punters interested.

tend to agree with you, 99. Some might see a pennant, but to me it is
- real good, 'fred-like" that the SP at high 30s is a base, especially as recent raise at 33c was done when SP was then 39c. So market has absorbed the new equity
- boring in that any attempt to get above, say 42c, meets selling, consistent bleed into the market but defining a cap (IMO)

Speaking of Fred, was talking to someone who has played touch football with Daniel for years; more importantly, holds AR9. His view was the recent raise was unnecessary, 'what are you doing with the money still in the kitty?' and this equity (Placement comprises 25,454,545 million archTIS shares ) and thea pile of oppies out there are weighing on any upside.

So my ambitious set of sells, @ 45 through to 55, linger there, waiting for any exuberance.

6 month, daily. maybe a bit of TA could make something out of this? Definitely any attempt for a run (I see 6 since Aug) gets nipped in the bud, same day!!

 

[Dona Ferentes]

what I meant to say with the Nucleus acaquisition ( 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 ) is that it was not cash, so why were they raising more money so early?

Today's news; obviously keen to ge the deal approved:
archTIS acquisition Nucleus Cyber Expands Partner Channel in Asia Pacific and European Markets
Highlights:
• Nucleus Cyber has announced on 7th December 2020 its expansion into the Asia-Pacific and European cybersecurity markets with three new channel partnerships to resell the company’s NC Protect™ solution for data discovery, protection and compliance for the leading content services and collaboration platforms.
• SABASAI (Australia), iSecurity (Taiwan) and SPOO Datascience (Germany) have all joined the Nucleus Cyber Global Channel Partner Program.
• The expansion of Nucleus Cyber’s reseller channel demonstrates the strong global market for policy enforcement products for Microsoft products and the potential revenue growth for Nucleus Cyber’s Protect product.
• archTIS views this as a very positive development and looks forward to sharing the vision for the combined business with shareholders at the upcoming AGM (23 Dec)

 

[frugal.rock]

AR9 is going nowhere quickly at 40c. A very boring stock. Perhaps a name change to “Fred” or somesuch might get punters interested.

Freddy was a favourite of some people last year.
Made them money.
Just followed the trendsetters and as a late invitee, sat on the sidelines with cash in my pocket. I didn't trade it much.

Just thought someone might be interested in knowing about today's move, as it hasn't piqued my radar for a while.
Biggest volume day for 4 months.
Might not confirm or reverse trend, however today's stats are a signal of sorts. Probably worth an eyeball over the next few days or so?
Not held.

 

[finicky]

Totally agree - I was looking at it today too. Yes it's too early to say the low of the downtrend has been put in but at least it's showing some potential. I see the last three daily candles taken together as bullish: doji, hammer, then a gap up full white candle on best volume for a few months. It's done a decent retracement of the rally which went from 0.05 back in June to 0.60. It has made a 0.30 decline of 55% down to 30c. If I were interested in adding I think I'd be taking a first bite here and watch

6 months daily

 

[Dona Ferentes]

Former Nucleus Cyber CEO Kurt Mueffelmann has joined the company as the new Global Chief Operating Officer (COO) and US President to define and oversee archTIS's overall business and growth strategy.

The company has also filled two key executive positions appointing former Nucleus Cyber executives, Irena Mroz as Chief Marketing Officer (CMO), and Leigh Rowland as Chief Engineer, to help fuel the company’s growth.

reverse takeover? taking Cyber Mountain by strategy?

 

[barney]

Former Nucleus Cyber CEO Kurt Mueffelmann has joined the company as the new Global Chief Operating Officer (COO) and US President to define and oversee archTIS's overall business and growth strategy.

The company has also filled two key executive positions appointing former Nucleus Cyber executives, Irena Mroz as Chief Marketing Officer (CMO), and Leigh Rowland as Chief Engineer, to help fuel the company’s growth.

reverse takeover? taking Cyber Mountain by strategy?

Interesting @Dona Ferentes

Just doing some sleuthing on why UUV has been specced last few days and find that AR9 Board appointed two UUV Directors as joint Secretaries.

Copy of my post below on the UUV Thread.

Any thoughts on the possible connection or use that UUV (basically a shelf Company now) might have for AR9??

Plot may have thickened up a little?

 

[Dona Ferentes]

Interesting @Dona Ferentes

Just doing some sleuthing on why UUV has been specced last few days and find that AR9 Board appointed two UUV Directors as joint Secretaries.

Copy of my post below on the UUV Thread.

Any thoughts on the possible connection or use that UUV (basically a shelf Company now) might have for AR9?? Plot may have thickened up a little?

Interesting tie up , though why would they need a second listing??

.... one thing for sure, archTIS is in need of some professionalism

1. Reason for suspension – as set out in the trading halt request on 22 January 2021 and again on 27 January 2021 and 3 February 2021, the Company is seeking a voluntary suspension of its securities pending the release of the outcome of the Company’s proposed application to the Supreme Court of Western Australia seeking orders in relation to the Company’s inadvertent failure to lodge cleansing notices under section 708A(5)(e) of the Corporations Act in relation to various issuing of shares during the period from September 2020 to January 2021. The inadvertent failure was identified through internal review. The Company continues to make progress with these matters and is aiming to appear before the Court and resolve all matters as soon as possible.
2. Duration of suspension – the Company requests the voluntary suspension remains in place until the Company releases an announcement in relation to the outcome of the application.

AR9 hasn't traded for a month ... too long.

 

[Dona Ferentes]

back trading on Monday

The Company has undertaken a fulsome review of its governance and compliance practices to ensure that it has the resources and expertise to comply with its obligations moving forward.

This review has resulted in the following key changes:
• As announced on 12 February 2021, the Company appointed Erlyn Dale and Winton Willesee as joint company secretaries of the Company to further strengthen the Company’s corporate governance and compliance program. Dale and Willesee are directors of specialist company secretarial firm, Azalea Consulting, and both hold formal positions as company secretary and/or director for several ASX listed companies. archTIS is pleased to be able to leverage the expertise of Dale and Willesee, who together have over 30 years of combined experience in governance roles.

• Further, in line the recent rapid growth experienced by the Company, archTIS has agreed to increase the role of the Chief Financial Officer to a full-time role, with the primary responsibilities of Company Secretary transitioning to Dale and Willesee immediately. This change will provide the CFO with greater capacity to meet the increasing demands of the role and enables the Company to better utilise the CFO’s extensive professional accounting experience to help drive the high level strategic and commercial initiatives of the business.

• Amendments have been made to the Company’s internal processes and to its register of delegations such that the Board has greater visibility over equities, options and cleansing matters.

• With the Company’s governance roles now appropriately filled, Bruce Talbot has resigned as company secretary of archTIS.

 

[Garpal Gumnut]

back trading on Monday

The Company has undertaken a fulsome review of its governance and compliance practices to ensure that it has the resources and expertise to comply with its obligations moving forward.

This review has resulted in the following key changes:
• As announced on 12 February 2021, the Company appointed Erlyn Dale and Winton Willesee as joint company secretaries of the Company to further strengthen the Company’s corporate governance and compliance program. Dale and Willesee are directors of specialist company secretarial firm, Azalea Consulting, and both hold formal positions as company secretary and/or director for several ASX listed companies. archTIS is pleased to be able to leverage the expertise of Dale and Willesee, who together have over 30 years of combined experience in governance roles.

• Further, in line the recent rapid growth experienced by the Company, archTIS has agreed to increase the role of the Chief Financial Officer to a full-time role, with the primary responsibilities of Company Secretary transitioning to Dale and Willesee immediately. This change will provide the CFO with greater capacity to meet the increasing demands of the role and enables the Company to better utilise the CFO’s extensive professional accounting experience to help drive the high level strategic and commercial initiatives of the business.

• Amendments have been made to the Company’s internal processes and to its register of delegations such that the Board has greater visibility over equities, options and cleansing matters.

• With the Company’s governance roles now appropriately filled, Bruce Talbot has resigned as company secretary of archTIS.

Thanks @Dona Ferentes for the intel.

I will never understand this company.

Nonetheless having once been involved peacefully in a demo in my youth that was hijacked and ended up in the burning of an embassy ( not in Tehran ) , I think I'll follow along and see how "Freddie" trades, and may even hop on and off before a conflagration.

gg

 

[Dona Ferentes]

I will never understand this company.

From what I see and hear, it seems the 'nerd/ boffin' element was always/ got ahead of the corporate discipline, especially with the "recent rapid growth experienced by the Company"

 

[frugal.rock]

Had taken a position late last year or early January.
Wasn't impressed with the inattention to detail causing the trade suspension recently.
First trade day back looked ok, however I exited the position last Thursday as it just wasn't going well.
A small loss. I like small slow losses... It's big quick losses that upset the stats.
Will be waiting for when the stock is "back in favour".

 

[finicky]

@frugal.rock Yes, past time to acknowledge that Garpal Gumnut was right about the chart and it aint looking better after today. I will just hold on to the ones I have and will also consider buying again when the chart changes for the better. As a 'vibe' stock I have no grasp of their competitive advantage if any, specially in the U.S, but it seems a hopeful prospect.

 

[wabullfrog]

Seems like AR9, TNT & WHK have followed similar paths.

All around the 5cps mark in March/April 2020, share price took off in June/July 2020, reached peaks above 40cps & now all sit just below 30cps.

 

[Dona Ferentes]

another couple of wins.... not Market Sensitive ! but some buying, up to 28.5c

New customer wins in Europe, Middle East and Africa validate secure collaboration portfolio of products including:
• A large German technology company selected Kojensi SaaS to provide regional PROTECTED information collaboration with the Australian Department of Defence.
• Berufsgenossenschaft für Gesundheitsdienst und Wohlfahrtspflege (BGW) selected NC Protect for secure guest access to SharePoint.
• WyzeTalk selected NC Protect for secure Office 365 collaboration.
• A European Oncology Biotech Company selected NC Protect for Office 365 and Microsoft Teams information protection.