It is a hard to discuss peer comparison. 3MF is focussed mostly on 3D Additive Manufacturing services industry, as management believes it's business model has the best growth potential, and generating revenue past few years.
There are a growing crowd of potential 3D metal printer manufacturers looking to sell their machines & metal additives, and printing down the line. Some interesting peer comparisons (that seem to be trying to do a bit of everything) on ASX include TTT, 3DA, A3D & AL3. There are a few more that others my wish to mention. Each stock seems to have some strong points about their business model.
It appears that metal Additive Manufacturing stocks across the globe are becoming more engaged with industry recently, while their stock price is dropping & cash burn is continuing. However, many shareholders can see there is a gradual transition to revenue growth recently, as industry is starting to integrate the new additive manufacturing methods after a long testing phase.
No investment advice intended.
3MF Price at posting:
1.6¢ Sentiment: Hold Disclosure: Held
