3DP 2.70% 3.6¢ pointerra limited

Aaarrrgghh!This company is so frustrating to decide what to do...

  1. 247 Posts.
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    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 rolleyes.png

    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
    https://hotcopper.com.au/data/attachments/5932/5932162-ce986ef37361e4c86839a95e3463937f.jpg
 
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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($)
3 397196 3.6¢
 

Sellers (Offers)

Price($) Vol. No.
3.8¢ 1046547 3
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Last trade - 16.10pm 08/05/2024 (20 minute delay) ?
Last
3.7¢
  Change
-0.001 ( 2.63 %)
Open High Low Volume
3.6¢ 3.8¢ 3.6¢ 331959
Last updated 15.25pm 08/05/2024 ?
3DP (ASX) Chart
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