Aaarrrgghh!
This company is so frustrating to decide what to do from an investment perspective!!!
This post is not a rant, a finger pointing exercise, or to be construed as down or up ramping in anyway.
I am not looking for an answer to my conundrum from another poster, just sharing my personal views that surely others have.
I was a holder of this stock since 2018. Sold out for a very small loss recently and I am finding it hard to move on.
My head says go, my gut tells me its worth another try but at what price??
I don't trade, my preference is to invest for the long term.
Some of my thinking
- I am invested in another micro-cap company that is trading at 0.027c. Will turnover around $50M in revenue this FY has been EBITDA positive for the past 6 quarters and is currently trading at 0.027c.
- In comparison, 3DP may do $10M in revenue this FY, is not EBITDA positive and is currently trading at 0.043c.
- That does my head in and that is my dilemma (I am not considering the difference in SOI between the companies, just their potential and current financial performance).
- 3DP has a bigger TAM and its financial fortunes can turnaround quickly on the back of a GM of 90%.
- I want to trust management but I have been bitterly disappointed with how they have communicated to the market over the past 12 - 24 months, yet when I first invested in this business I thought the exact opposite.
- The founder putting money in does not sway me to invest but I respect that this financial support has been provided, although I would have much preferred the recent investment to have included members of the executive management team.
- The customer base is so much better than it was in 2018 and the potential customer pipeline has vastly improved.....it does make me wonder if the SP may be a fair reflection of 3DP's potential (not recent financial performance).
- The financial figures for the past 12 mths have been crap and that's why my head says go.
- Shit I hate this (lol)...what cognitive biases am I suffering... other than the obvious ones
Anyway, I am going to sit on the side lines and watch for a while. I am so conflicted as to what to do, yet when I do decide, I won't be announcing it in this forum. I just wanted now to give what I hope, is an honest balanced view of one lonely investor's conflicted decision making process when it comes to a company like this.
To many investors here I want to give you a sincere thank you for your many quality and engaging posts.
Ian
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Aaarrrgghh!This company is so frustrating to decide what to do...
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Last
3.6¢ |
Change
-0.001(2.70%) |
Mkt cap ! $26.74M |
Open | High | Low | Value | Volume |
3.7¢ | 3.8¢ | 3.6¢ | $32.55K | 894.9K |
Buyers (Bids)
No. | Vol. | Price($) |
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3 | 397196 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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3.8¢ | 1046547 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 397196 | 0.036 |
10 | 853699 | 0.035 |
2 | 188000 | 0.034 |
6 | 1236862 | 0.033 |
3 | 1300000 | 0.032 |
Price($) | Vol. | No. |
---|---|---|
0.038 | 1046547 | 3 |
0.039 | 212800 | 3 |
0.040 | 78998 | 6 |
0.041 | 110000 | 1 |
0.042 | 287922 | 2 |
Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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Last
3.7¢ |
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Change
-0.001 ( 2.63 %) |
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Open | High | Low | Volume | ||
3.6¢ | 3.8¢ | 3.6¢ | 331959 | ||
Last updated 15.25pm 08/05/2024 ? |
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