Hang in. Medibank, TLS etc were government assets with an agenda of giving Australians an opportunity to own it. Here we are talking about a tiny company so you cannot even begin to compare.
I don't understand what makes this attractive. We are taking about a printing business here. No barriers to entry, 3D printers in the US have been listed for a few years now. I could get 3D printers manufactured in China very cheap and tender for a government contract. By the way, if the govt decided to put 3D printers in schools, it would go up for tender and I believe (speaking to friends for often submit tenders for military etc), there are background checks on directors etc. so, if their is an impending ASIC investoligation, this will be a black mark unless it is resolved.
People can go to office works and have 3D printing on themselves. They get scanned and a figurine of themselves gets produced. So what I'm saying is that I haven't really seen anything which suggests this is going to be better than anything else. The buzz on 3D printing has gone. We know what it can do so now it's a case of doing it. Supplying the hardware is not a company maker imo. Maybe the programs used for printing purposes is where the value lies. I wouldn't say this company is at the forefront of this. Go do some research on what's going on overseas. They are so far ahead. Anyway, I'm out of here. Got better things to do. Hoji, your mate can get legal funding or even go to slater and Gordon etc who charge on a win only basis. They will be quick to let him know if he has a case. Good luck al.
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