No partnership + no promotion of the partnership = no...

No partnership + no promotion of the partnership = no partnership revenue.

Seems pretty straight-forward.

Same applies to sales pipeline.​

Horse and cart thing.​

Pointerra got a decent pro-pump in the euphoria late last year, as did just about every ASX spec. Has suffered the retail sell-off, as have many others. Tough market right now.

Question 1: Is the company better placed now than it was then?

AutoDesk-Forge, Bentley Systems, new US COO Randy Rhoads ex-Harris Geospatial, $20 million pipeline of DaaS recurring sales, bidding on multi-year contracts for 7 of Top 10 US Energy Utilities, major shareholders extending escrow of another 12 months.

A lot to like.

Question 2: How many Aussie competitors have partnerships with AutoDesk and Bentley's, achieving what Pointerra are achieving in the US?

Not saying the SP isn't disappointing.

For me, it's overdone.

Risk-reward to the upside from here.