Ann: Trading Halt, page-7

Yep - strange one this?

When I saw the 3DP announcement, I was sure it was about them converting one of the proof of concepts into an enterprise agreement.

Last 4C showed a cash burn of $297K, and with cash on hand around $2.2m - which equated to 7.4 x quarters worth of cash left.

And with COVID not affecting this business too much, plus cash receipts slowly catching up to ACV, there doesn't seem to be an urgent need for cash.

I do trust this management team though, so there must be a good reason for this CR.

Will have to wait and see.