yeah ... suspect this is to try and arrest the price decline. It's been much too quiet and nothing to announce. Believe sentiments in posting are still correct and hopefully AML3D have positioned themselves correctly.
In ALM3D's defence (this is not a political comment, just an observation on the current environment), whilst the new administration is in place there is lots of uncertainty.
Whilst prior to the election there were comments re increased defence spend and all looked rosy. Saw something from Hegseth (I think) saying US defence spending would be reduced by 8% per year. Not that I can really believe this I the current environment. However all of this creates lots of uncertainty on if some programs will be cancelled. I suspect defence companies have no idea what is happening, who will win contracts and won't commit to new purchases at the moment.
Also with tariffs, potential GDP reduction, etc having some uncertainty on the short term economy. Expect some of the $40M of prospects might be just in a holding pattern with businesses seeing how things settle one way or the other.
Hopefully over the next couple of months things settle and we can secure some customers.
AL3 Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
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