3DA:ASX - AMAERO INTERNATIONAL - 3D Metal Printing

9 oct 2020

Thought these guys looked interesting. More and more parts for vehicles, air, space etc seem to be getting printed and I can imagine it will be the way of he future instead of the traditional methods. I was reading through their bio and thought the below was worth sharing:

Amaero Today
• Australia’s largest Metal 3D printing company (by volume of 3D printers)
• World’s largest R&D team
• Many world industry firsts e.g Jet engine, rocket engine, flying parts <- I liked this.
• World’s most capital efficient SLM metal 3D printers
• World’s safest metal 3D printing machines
• Soon to have the largest range of different size 3D metal printers globally (Feb 2021)
• 6 of top 10 Defence companies in the world are our clients <- I liked this bit particularly.
• We have factories in Melbourne, Adelaide & LA

From a charting perspective, there has been some decent recent volume, the Bollinger Bands look to be moving apart after a pullback and recovery so could be some upside momentum coming through. On the demand side there are 105 buyers for 1,259,485 units vs 51 sellers for 877,095 units. Might be worth a watch.

15 oct 2020

Nota

Continuing to run nicely.

15 oct 2020

Nota

Up another 5% this morning.

5 nov 2020

Nota

Long pullback. Strong 16% bounce off support with the greater market.