3DP 8.51% 4.3¢ pointerra limited

Ann: Half Yearly Report and Accounts, page-110

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 621 Posts.
    lightbulb Created with Sketch. 124
    I agree it's unlikely that 3DP have any cash with SVB, however given that they operate within the US and are in the tech space - most of which banked with SVB, it is a possibility that they had an account there. 3DP must have some cash reserves in USD to fund their North American operations.

    Even in the unlikely scenario where 3DP had an account with SVB, I doubt they would have had anymore than the $250k which would be covered by the FDIC, given their current cash position.

    The point of my original post was to outline my thoughts the impact this would have on sentiment, rather than material problems for the company. As far as my holdings go, I was a holder until a week before the half yearly report was released as I had concerns about the companies current state.

    As a final point of clarification, my statement 'what a disaster' is around the current SVB situation itself, and not a commentary on 3DP. Should have made that more clear.
    Last edited by Samyouel: 13/03/23
 
watchlist Created with Sketch. Add 3DP (ASX) to my watchlist
(20min delay)
Last
4.3¢
Change
-0.004(8.51%)
Mkt cap ! $34.61M
Open High Low Value Volume
4.7¢ 4.7¢ 4.3¢ $84.73K 1.935M

Buyers (Bids)

No. Vol. Price($)
4 204946 4.3¢
 

Sellers (Offers)

Price($) Vol. No.
4.6¢ 33795 1
View Market Depth
Last trade - 15.50pm 05/11/2024 (20 minute delay) ?
3DP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.