SM8 3.45% 2.8¢ smart marine systems limited

smart marine, page-14

  1. 87 Posts.
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    We are owed a 4C right? My guess is bugger all to update us on other than:
    - Increased shark mitigation awareness after WA shark attacks recently
    - Zero revenue from Clever Buoy, trials are all still, well, trials.
    - SeaBin is kicking butt with global recognition. Still very early staged but a company with this kind of global recognition and actual sales, a 20% stake would basically cover SM8 total market cap in my opinion.

    Anything else?

    I have a very small holding in this company, but really like the non-invasive, non harmful idea of Clever Buoy.

    SeaBin has merit also. Although these manufacturing/hardware companies require a lot of working capital so will likely need to raise a lot of funds to scale fast.
    Last edited by Juryfury: 30/04/18
 
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