A3D 5.26% 7.2¢ aurora labs limited

I agree with the frustration. If they can keep the lights on a...

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  1. 5,937 Posts.
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    I agree with the frustration. If they can keep the lights on a get some print orders to allow cashflow to pay for ongoing expenses, I think they still have a chance. I keep track of some US 3D printing companies and own and have owned Markforged for years. Total disaster, BUT, 2 months ago I doubled my holdings at US$1.30. Hit US$2.20 the other day and they are starting to see turnaround. Back to breakeven. If you are worried about burning through AUD$37m, go have a look at what MKFG have burned through the past few years. You will have a cardiac arrest.

    The hype was there too early in the roll out of all these 3D players. The ones still standing, now have a chance to reap some benefits going forward, as I believe there is far greater likelihood now of industry utilising 3D printing now its been proven and gone through layers of red tape and doubt. A3D have a vast mining and oil and gas industry in country that they should be able to be successful from. Now it comes down to management and I suspect we need some more skills on the board.
 
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