Pointerra Limited

ASX:3DP

Pointerra Limited

ASX:3DP
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$0.046 (-2.1%)
Last close price
#47
Rank
35
Held by
91
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Reports (18) My Report Forum Investors
Forum Topics 3DP 3DP Trading Hault

Pinned straw:
Summer12
Added 9 months ago

Any Ideas?
Duffshot38
Added 9 months ago

ASX is also getting frustrated with the new 3DP management style

????????‍♂️

Pointerra Limited (ASX: 3DP) –Suspension from Quotation

Description

The securities of Pointerra Limited (‘3DP’) were placed in a trading halt on 26 February 2024 at 3DP’s request,

pending the release of a market announcement regarding a ‘material contract award’.

On 27 February 2024, ASX required 3DP to provide specified information for release to the market in relation to

the ‘material contract award’ referenced in the Trading Halt Request of 26 February 2024. 3DP has failed to

comply with that requirement.

As a consequence, 3DP’s securities will now be suspended from quotation by ASX under Listing Rule 17.3.1,

until such time as ASX is satisfied with 3DP’s compliance with the Listing Rules and that it is otherwise

appropriate for 3DP’s securities to be reinstated to quotation.

11
mikebrisy
Added 9 months ago

"Material contract award" announcement pending.

16
Mujo
Added 9 months ago

I'd guess a cap raising looking at the cash balance. Hopefully tied with some good news.

9
Nnyck777
Added 9 months ago

On queue! Just before a dreadful qrtly. Pointerra’s MO now. Skeptical looking forward and hoping to be pleasantly surprised.

13
UlladullaDave
Added 9 months ago

Yeah, that was my first guess. Looks like a cap raise was coming big contract or no big contract. Surprised they left it this late, tbh.

10
AUROPAL
Added 9 months ago

Surely a cap raise given the balance sheet. Ugh, what kind of awful dilution are they going to have to do to keep this dumpster fire afloat?

10
Bear77
Added 9 months ago

As @mikebrisy said, they have stated in their Trading-Halt.PDF request that "the reason for the request is to facilitate an orderly market in the Company’s securities pending an announcement regarding a material contract award;"

I guess there's an outside chance they might announce a CR at the same time, but I would think the better odds would be on them releasing this one first (the material contract award), hoping for a big pop when they resume trading, and THEN call another trading halt for a CR.




[Not held]

18
AUROPAL
Added 9 months ago

I think you are right Bear. Raise on the expected SP pop.

11