TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
archTIS Ltd. ( (AU:AR9) ) has provided an update.
archTIS Ltd. has requested a trading halt on its securities on the ASX to facilitate an accelerated, non-renounceable entitlement offer. This move is aimed at raising capital, and the halt will remain until the announcement of the offer or the commencement of trading on August 29, 2025. The trading halt is expected to provide the company with the necessary time to manage the entitlement offer process, potentially impacting its financial strategy and stakeholder interests.
The most recent analyst rating on (AU:AR9) stock is a Buy with a A$0.35 price target. To see the full list of analyst forecasts on archTIS Ltd. stock, see the AU:AR9 Stock Forecast page.
More about archTIS Ltd.
archTIS Ltd. operates in the technology sector, specializing in providing information security solutions. The company focuses on delivering secure collaboration and information sharing services to both government and commercial sectors.
Average Trading Volume: 1,422,217
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$62.76M
For an in-depth examination of AR9 stock, go to TipRanks’ Overview page.