@Psalty - g'day!!
Thanks very much for posting this on what was another pretty tough day for micro caps.
It was interesting to hear both Michael Wayne's (Medallian Financial) and Andrew Page's (Strw/man) views on 3DP.
Andrew tends to be very informative on a number of micro caps, and he seems to love "the ride" that micro caps can give an investor![]()
Andrew in particular knows a lot about the Pointerra business, and interestingly he has held 3DP since 2019, he sold his holdings (some too cheaply & some for a good price), and now he has bought back in.
These are not his exact words, but some of the points he broadly made about 3DP were:
Fascinating business.
They are genuine world leaders - albeit in a niche industry that is rapidly evolving.
The business has huge ability to scale.
They are well placed to take advantage of a structural change towards a large number of industries using a lot more 3D data.
The transition to sell a more "mainstream" product can occur rapidly - and the example he gave was ProMedicus growing extremely rapidly (when medical imaging became "mainstream" very quickly).
At around 65 x last years reported revenue (around $4m revenue for year ended 30 June 2021) , 3DP is definitely not cheap using those parameters.
But Andrew can see them reaching $50m in revenue by 2025.
Thinks the MD Ian Olsen is very down to earth, and he has operational strengths.
Also thinks Ian is very cost disciplined - not spending huge $ just to grow quickly.
ACV up over 240% in the past 12 months - so they are already growing quickly.
Overall, he think 3DP is very hard to value - but he rates them a BUY.
Was great to hear him discuss this business - as he really knows his stuff (when talking micro caps) IMO.
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Last
4.1¢ |
Change
0.005(13.9%) |
Mkt cap ! $33.00M |
Open | High | Low | Value | Volume |
4.0¢ | 4.6¢ | 4.0¢ | $269.5K | 6.395M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 264011 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.3¢ | 308773 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 264011 | 0.041 |
2 | 320000 | 0.039 |
3 | 263578 | 0.038 |
4 | 345000 | 0.037 |
6 | 1220667 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.043 | 160773 | 2 |
0.044 | 325588 | 3 |
0.045 | 302671 | 4 |
0.046 | 545000 | 2 |
0.047 | 659890 | 2 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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