3DPs SP is reflecting lack of sales,lack of confidence and poor sentiment.
A lot of the postings reflect it but I believe it is far too early to write 3DP off and any of the failings above can turn on a dime.
Reasons:
*Good partnerships with Autodesk and Bentleys.
*Active North American marketing happening.
*One significant sale (trading halt) would turn this around.
*The next 4c report may show a substantial improvement and give the sentiment a boost as the revenues quarterly may be lumpy.I am not deterred by one lousy quarter.
*Management have plenty of shares and it is in their interests for 3DP to succeed.
* Cash burn is not too high and it is cash conscious so it can last maybe even till the 100 million 30 June 2019 5c options are exercised in 10 months time.These are held by management...Ian Olson for example holds 30 million and would pay up $1.5 million to exercise them and it could be well past 5c by the 30 June 2019.
Anyway I am sitting tight.
3DP Price at posting:
2.6¢ Sentiment: Buy Disclosure: Held
