For all those who have been thinking there may be a chance of a Capital Raising in 3DP, think again as the 107m 5c Options expiring June 2019 that will come into play as our SP rises.
That's $5.3m to come into our coffers via conversion satisfying any cash requirements as the company looks to expand itself globally. I expect many of these will start getting converted as we roar on past the 10c mark as the holders are mainly SI's and players who helped bring the deal into the company from my understanding.
We are in perfect storm mode here as we go into what will be a very bullish AGM. I would personally like to thank the management team led by MD Ian Olsen and Chair Graham Griffiths for keeping a tight and steady ship as they plotted a course to sales and revenue for this fantastic smart technology company.
Unfortunately I won't be at the AGM due to a mate's funeral so would appreciate any feedback from those who can attend......I am sure it will be a positive meeting and hopefully with an update on how the US trip went. My water tells me that our SP rise was no co-incidense.
@sydneytrader......would appreciate any media articles you may be aware of as per your post, I'm sure we will get some decent coverage now.
These are also important reasons to consider why we have all this interest :
1. Supporting Corporate Advisor appointment with Canary Capital clients taking a strong position in the stock and helping bring new long term clients on board......weak hands selling, strong hands entering.
2. Joe Locantro from Alto Capital has called us a strong spec buy to all his client network.
3. Richard Pritchard from the Herald-Sun picks us in his top 10 stock picks :
4. Nick Kelso from Hunter Capital in his entertaining Rats Rant article he sends to clients far and wide has this to say
What's Hot
3DP - Pointerra Limited today closed up 54% to finish at 6c on $769k stock traded. The reason they were up today is because there are a sh*tload more buyers than sellers which as most of you would know means I got no idea.
The company were issued with a speeding ticket from the ASX or Constable Chapman today and responded to say that they have no idea why the stock price is up so much.
Some details on what the company do are listed below for those of you that are interested and of course a nice photo of Constable Chapman who hasn't had a run for while, which I am sure many of you will appreciate.
About Pointerra:
Pointerra is an Australian company focussed on the development and commercialisation of its unique 3D geospatial data technology. Pointerra’s technology has solved an entrenched problem in the 3D geospatial sector and allows very large 3D datasets to be viewed by users without the need for high performance computing. The 3D datasets are processed and stored in the cloud for instant, on demand user access: anytime, anywhere, on any device. Pointerra’s vision is to create a global marketplace for 3D data, saving users time and money and creating a 3D data access revolution.
Poor old Constable Chapman looks exhausted after issuing a record number of speeding tickets to ASX companies this month, mainly for going too fast.
In summary ladies and gents........the planets are aligning for all those that have weathered the storms. IMO
Please DYOR and GLTAH.
Ant
(20min delay)