Watching this one since it listed. Regals dumping of stock post listing is no surprise but has taken all the hot air out of this stock price. Escrow shares probably added to the depressed SP.
Price appears to have found a bottom around 27c, and now appears to have formed a double/multiple bottom pattern. Low shares on issue, in the medical, AI and 3D fields, that are all flavour of the month. High risk proposition as there are several companies, particularly in the US doing 3D printing for medical purposes, but at a market cap of under AUD$20m, this has got a lot of room to move higher IMO, and as an Australian based entity, that's worked with a world recognized scientific organization in the world, CSIRO.
As technology advances and AI progresses, the medical industry/profession, is one that is ripe for innovation to transform the way healthcare is provided, and to vastly reduce time and costs in providing the same. This Company strikes me as a "right place, right time" scenario.
Plenty cash in the bank, making progress on software and printer installation. Happy to have taken a position down here.
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