Red on a very green day. Sentiment is definitely against 3DP for the time being. The market is anxiously awaiting another ACV update - the half yearly report gave nothing new. And we're sitting on a $400m capitalization without concrete proof that we can make money.
There are a lot of buyers waiting in the wings, but for sure they are _waiting_ to see what's happening. A good announcement and we could be over $1 in the blink of an eye. Silence, or worse an announcement with no new revenue, will mean we stagnate. And stagnation + more tech turbulence could mean we drop further.
Probably time to look for those solid support lines and watch them closely. I'm not buying today.
3DP Price at posting:
60.0¢ Sentiment: Hold Disclosure: Held
