Given the stage of evolution of business results and capitalisation, I tend to think of 3DP in terms of what it would be in a larger capital market like the US - a Series A funded venture capital start-up, having shown some track record and optimising the product and the user base.
Yes it could shoot the lights out from here if the product it has is truly unique, the commercial market opportunity is genuinely large, the business can scale with limited capital intensity and has a sufficient moat to prevent competitors. Of course that's an "if", and it also doesn't mean that it won't need to go through Series B or Series C funding rounds to get there.
As a listed "VC" investment, you believe in the long term strategy and back management to get there, and accept that the share price is going to be driven not by things such fundamentals and earnings, but market sentiment to announcements and press - or lack thereof. You certainly wouldn't be betting the house on it.
3DP Price at posting:
4.7¢ Sentiment: None Disclosure: Not Held
