each to their own, and undoubtably there is (will be) tax loss...

  1. 3,232 Posts.
    lightbulb Created with Sketch. 1226
    each to their own, and undoubtably there is (will be) tax loss selling further into June, but people should also be careful about 'anchoring to a higher price' because the only thing that for an external party to see is:
    - this thing has ~3m in the bank (as at end of Mar25)
    - for the 9 mths to Mar25, it brought in ~$8m in customer receipts (of which ~$2m seems to relate to paying for AWS hosting fees....so IMO 'true' software/service revenues of ~$6m)
    - operating cashflow over those 9 mths were essentially flat (FY24 was -$3.8m & FY23 was -$2m so arguably an improvement)
    - the market cap of this is still $33m and note that some of that $3m in 'cash' would be tied up in various guarantees (leases, employee payables etc....so they can't get too close to nil in cash)

    There have been plenty of posts around Pointerra being involved in various contracts, but this has been the case for the last 2-3 years and we have all seen the cashflow and capital raises.

    Look I may be wrong, and each to their own, but my personal view is that until 3DP reflects some of this 'improvement' in the accounts, it's impossible to draw conclusions on how they are tracking (especially given their track record).

    And if anyone is relying on the accounts receivable amount to add extra to your investment, then I'll really ask you to revisit those thoughts......based on how critical they are claiming this software to be and the calibre of clients they have, they should be bringing in a lot more cash and certainly not sweating the timing of the receipt of cash from the client.

    Anyway, my 2c worth..........

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
4.2¢
Change
-0.003(6.67%)
Mkt cap ! $33.81M
Open High Low Value Volume
4.5¢ 4.5¢ 4.2¢ $31.7K 724.9K

Buyers (Bids)

No. Vol. Price($)
4 241496 4.2¢
 

Sellers (Offers)

Price($) Vol. No.
4.5¢ 408602 2
View Market Depth
Last trade - 16.10pm 13/06/2025 (20 minute delay) ?
3DP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.