Garpal Gumnut
Ross Island Hotel
- Joined
- 2 January 2006
- Posts
- 13,816
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I've always been uncomfortable among sophisticated investors.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.
They do tend to be rather short term new best friends. For some reason ASX juniors think they are wonderful.I've always been uncomfortable among sophisticated investors.
C37c. I'll see the Sophisticats 4c disappear before I'll re-enter.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?
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.... I'll see the Sophisticats 4c disappear before I'll re-enter.
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
tend to agree with you, 99. Some might see a pennant, but to me it isAR9 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.AR9 is going nowhere quickly at 40c. A very boring stock. Perhaps a name change to “Fred” or somesuch might get punters interested.
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 tie up , though why would they need a second listing??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?
AR9 hasn't traded for a month ... too long.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.
Thanks @Dona Ferentes for the intel.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.
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"I will never understand this company.
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