AL3 entered the market at what $0.20 with a little what Adelaide based business .. price flew to $0.5x+
covid hit and hype factor died.. their sell the units as one off model really couldn't work..
they have pivoted, setup shop other countries and making full use of those US defence $ to be have from bidden govt. sell and provide ongoing support model -- much better
personally my pure guess is we see one of two announcments soon ,which will see the stock fly again (remember it already did it once and it's numbers were worse then now).
1. they announce new revenue stream (again) on existing contracts - maybe it's gold level SLA patching service to software .. maybe it's master use classes .. haha who knows but they have proven now they can pivot and open new sale channels (much better business thinking then when they $0.50 imo).
2. they announce that with one of the current deals - it's working well -- actually so well -- and indeed as one the larger 3D printers out there -- they have proven they can fill supply line delays etc .. spot on to why bidden govt assuring these deals..
and to me that's what this rally is really about.. proving themselves - make those larger parts on the spot - big and better then waiting on a backlog order system ..
anyways fingers crossed for all holders ..
AL3 Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held
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