Forum Topics AR9 AR9 AR9 valuation

Pinned valuation:

Valuation deleted

Saasquatch
Added 3 years ago

These 2 videos, together give a great snap shot of the investment made, with an explanation of the slingshot effect from licences, PoC and funding opportunities moving forward in the medium term to enhance the potential for cash flow positive, which justifies my valuation increase for a unique accredited global technology in a sector that is really heating up with the take overs of Tesserent (ASX: TNT) and Cirrus Networks (ASX:CNW)

https://youtu.be/AJqBnAwV-Po?si=S61wsqM_xzn9vCJ1


DYOR

9

mikebrisy
Added 3 years ago

With $3.2m cash and a last 12m burn of $4.9m, a CR appears likely, although in May Daniel said he expected to be cashflow positive in 6-8 months.

@Saasquatch do you have any other insights on that?

7

edgescape
Added 3 years ago

Still remember holding AR9 to ride the cybersecurity tailwind.

Got frustrated by the cashburn and exited.

Seems customers are more toward the government and defence sectors than the private sector. So getting contracts will be slow. Correct me if I'm wrong as I haven't really been following recently.

6