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ARTO - TECHnically Brilliant (ARTO)     

aimraider - 19 Nov 2009 16:29

ARTO is new to AIM, and valued at about 1m.

It intends to provide a new, unrivalled trading platform for property funds, and currently holds exclusivity over this facility until 2011.

A recent announcement to the market provides an indication of some of the returns it is targetting, based on funds utilising the system.

http://www.arteonplc.com/Rule26/RNSData/ArteonPLCOrchosLicenceAgreement271009.pdf

These returns look high, and very scalable, not only that the current valuation places the share price in a position where growth is highly likely.

Of the 900k shares in issue, just over 10% are in public hands and those mainly belong to holders in the previous shell, which have been highly diluted from a much greater share price level.

In recent weeks the share price has doubled, with volume being very low, testimony to the fact that any run on the stock could cause issues for market makers and supply.

Chart.aspx?Provider=EODIntra&Code=ARTO&S
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