Thanks for posting. I've been watching here, not currently holding, but watching closely. Your reasons for selling are valid, and it's good to see the reasons someone is willing to pass on VEE.
I take exception to your first point though. The $270 mill market size quoted by the company is for super yachts only. Probably the market where VEE will capture the highest market share admittedly, but you're ignoring the potential market in military, support vessels, ferries, etc etc. I also note the company is not averse to entering the smaller gryro market at some stage too. Not to mention the potential for retrofit of existing vessels, first sales of which were indicated in the latest market update.
congrats on the 3DP rerate by the way. Have a small holding there that I've held for years, thought 5c was very good buying a couple of months ago, but missed the chance to make serious money.
VEE Price at posting:
47.0¢ Sentiment: None Disclosure: Not Held
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