Forum Topics 3DP 3DP SPP

Pinned straw:

Added 2 years ago

Now this must be the definition of hope, with a SPP price of 12 cents and a share price below 10 cents.


Extension of Share Purchase Plan closing date




RobW
Added 2 years ago

Could suggest some newsflow next two weeks. Too early for the Q1FY24 Quarterly, but they only issued a Prelim Report for FY23. Maybe the audited Final Report with extended narrative about the problems faced in FY23, a confirmation that problems are behind us and a declaration of signalled ARR replacing ACV.

The contract announced ahead of the release of the 'underwhelming' Q4 FY23 4c will be material to the Company and should see a signifiant lift in Revenues going forward. OPEX management has never been a problem in this Company. That said, their Business model and recent corresponding Financial Results hardly depict that of a well run business. They have essentialy killed investor sentiment and now have it all to do to win back that confidence. All about the quality of communication going forward + consistent execution against strategy.

Hopeful that the new CFO will influence the way the Company presents as a listed entity. Great Companies rarely report on the last day of any reporting period. Audits scheduled / planned in advance. Shift the emphasis from narrative to Reporting metrics.

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