Business
Archer (ASX:AXE) share price retreats despite positive update
The Archer Materials Ltd (ASX: AXE) share price has retreated in late-afternoon trade after soaring as high as 93.5 cents. This comes after the company announced that it has begun to progress on the pathway for sub-10 nanometre biochip fabrication.
At the time of writing, the advanced material company’s shares are fetching 90 cents apiece, flat for the day.
Development plans
Archer shares were trading on a high earlier on but have since fallen back to yesterday’s market close.
According to its release, Archer advised it has commenced development to produce biochip components that are under 10 nanometres (nm) in size. In comparison, a human…
-
Noosa News12 hours agoShocking moment Bradley Donald Towle arrested after Bruce Hwy rampage and shooting on Sunshine coast
-
General13 hours agoNSW Police to provide update on Sydney woman’s kidnap from Bankstown home and killing
-
Noosa News19 hours agoMollie O’Callaghan admits to doubts, wins gold at Australian Open Swimming Championships
-
Noosa News12 hours agoQueensland woman charged with murdering partner with MND allegedly fed him ‘cocktail’ of medications