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Near the top of the AIM leaderboard.
Up +19% now. It is rising faster than I can type, lol.
Up +17% now. Its new LIBOR product for central banks, such the ECB, is currently in testing with a central bank and could be a game-changer for the company.
Price being paid on the Ask ticking up. Little resistance on Level 2 to 0.25p.
Almost a whole day's average volumes traded in ARC in the first hour today. Looks like a breakout on volume and news is on the way.
"Arcontech has already created a lightweight contribution tool─which is already *in testing at an unnamed European central bank*": http://m.waterstechnology.com/inside-market-data/news/2348390/arcontech-eyes-central-bank-data-distribution
Up +8% now. There is a big rise coming here. Due another leg-up. ARC has a new financial software product for LIBOR tracking for central banks, like the Bank of England, that could transform the company. Huge £38k buy yesterday, also.
Buy today !!!!!
I have spoken with Arc investor relations and can confirm it is the same person. Good news for all holders
http://uk.advfn.com/exchanges/LSE/arcontech-ARC/share-price Check the discussion here
Does anybody know anything about Anthony Cross? I have found this : http://www.trustnet.com/managers/factsheet/anthony-cross/utoeic/U/00000CRO02/ Not sure if it is the right guy.
Not sure if I can post links here (not advertising) - it's interesting to use the wayback machine to see what Arcontech was doing 10 years ago. Pretty much the same, except they then flagged up who their "blue chip" clients were. Complete with testimonials from them. http://web.archive.org/web/20040121060606/http://www.arcontech.com/
Several huge trades in ARC this week. Some 5 - 10% of the entire company traded. Would not be a surprise to see an RNS pop out here in the next few days or weeks.
Up nearly +50% in a few weeks. No need for the green.eyed monster ;-)
Had a look. Looks like a load of old ramping rubbish. Please keep your ramping rubbish off this board. Thank you.
Off topic, KLN worth a look for those who like a strong recovery play.
First-time posters who make their first post with a long, slightly negative slant can often have an axe to grind, for whatever reason. Hence the initial caution. ARC is a recovery play at this stage. Costs have been firmly controlled recently, profitability is ontrack to arrive sooner than expected, cash-in-hand is approaching a cool milion, the share price has tripled and has upward momentum, and the Chairman / CEO / Finance Director / Other staff have just purchased a hefty 5% of the entire firm.
I'm not sure why you would take caution based on grounds of this being my first post, but to answer your questions: 1. never, I don't contact any company which I invest in 2. no idea 3. no idea I made my first post simply because I find this site to be really useful in learning about other PI's experiences and views on companies that I would never have heard of, but have recently invested in. Having held shares in Arcontech for over 10 years I think most PI's would agree that I've waited long enough for some form of return on investment; but realistically I've written off the amount, as in my opinion it would take a miracle to get my full investment back. To shed more light on this, in August 2004 my average cost per share was 11.81p following on from this I made a further 5 buy transactions (I've never sold any); the most recent purchase in ARC being October 2005. Respective prices paid per share 5.98, 5.83, 4.69, 3.30, and 2.28p Furthermore, I don't recall the share price ever rising other than perhaps to something like 0.3p for a very short period around 4 years ago. In a nutshell that's where I'm coming from with my first post. Not much room for short term maneuvers either with a spread of 29.41% Feel free to disregard my post; I'm just offering a frank and honest insight as to how my investment in ARC has panned out. I hope to goodness the SP rises considerably but I stopped holding my breath a long time ago with ARCs sales performance.
SST1 -- It is your first post on LSE, so I take it with a hint of caution. Three follow-up questions for you: 1. How many times have you spoken directly with ARC investor relations since you invested? What was your experience with them? 2. Why has ARC tripled (3-bagger) its SP in the past year? 3. Why did the ARC BoD buy a big 5% of the entire ARC shares, with their own money, just a few weeks ago?
I've held shares in Arcontech for well over 10 years. I bought them when the company was known as Knowledge Technology. My average cost per share is an eye watering 6.3885p (even this is way below my higher priced purchases) representing total losses of over 96%. Over the years I have never seen so much as a glimmer of hope that they may provide some form of return on my investment. The company have never seemed to get anywhere with sales leads; they seem to just remain as leads. I think they're happy to plod along collecting their monthly salaries and not really bothering to issue any RNS. Having a new Senior Sales Executive since November, doesn't seem to have made a difference either. There is usually a high spread, and the share price knows only one direction. I guess some will feel that this is a very negative post, but please take what you will from it, it's just my experience with ARC shares. GLA
With new ISA limits available to fill on Mon, a few AIM shares should go up this coming week.
ARC held steady this week. Awaiting an RNS and possible new contract(s). ARC directors bought £120k of ARC shares a few weeks ago, some 5% of the entire company.
Up +11% now. Rebounding nicely after being oversold down to ~16p recently.
Good intraday reversal today. And price being paid on the Ask ticking up.
This is starting now to look oversold at 0.16p.