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Ann: 30 June 2017 Appendix 4E - Preliminary Final Report, page-3

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  1. 4,324 Posts.
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    I would like to highlight some of the key points to consider:

    - Release of new r1 plus model from 1st October in the sub $500. This will definitely drive demand. Many new users are very interested in the sub $500 as a starting point.

    - R2 experienced some technical issue due to the first production run. That is something very hard to avoid. Even billion $$$ companies make mistakes. If you been following the company, the quality have improved substantially. Unfortunately you still hear some minor problems with the first patch of units.

    - Many may aware that there are few cheap chinese makes with lack of technical support such as xyzprinting,mono price etc. Customers start to realise that it is not worth their times when their units fall apart in couple of months.

    - Education market is still very immature so there are lot of opportunities to grow. Please note due to safety and realiability, US companies will get the first preference.

    - Short term we definitely need new funding, it is not a bad thing and dont take this as negative. The company is moving into the right direction.

    - Current estimated earn per share is around 7.3c. We will definitely back to 10c in 6 months or less when sales pick up and quality improve over time.

    Good luck all.
 
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