I'm quite sure most of the market has once again missed a huge opportunity - perhaps today some more have an understanding of just how much potential value add this small cap company has stored in it's future fundamental development
Here is the website to BASF Performance Chemicals. A part of the $64B company BASF:
http://www.performancechemicals.basf.com/ev/internet/performance-chemicals/en_GB/content/Performance_Chemicals/indexRemember this division is basically a specialty materials/solutions provider. If you look through some of the product lines you can see where some of the potential for SMX permanent marking systems may lay:
Automotive: (Think Lubricant marking - 2nd party downstream material warranty confirmation/supply chain securitisation)
Oil/Gas: (Liquid and Gas marking)
Paper Chemicals: (Packaging/Currency)
Plastic Additives: (Packaging/Currency/Electronics)
Now an area which I haven't seen mentioned yet in these forums - And an area of unlimited potential and where SMX could return multiples....
Currency Anti-Counterfeiting. Think an un-fakeable paper and plastic money security feature that is mixed into the actual plastic or paper.
I'm not even going to touch on the other company fundamentals, They are all very good and should have no problem continuing development and raising capital as required, which will only increase ROI to Shareholders.
This company reminds me of another Israeli Company I was a part of years ago - EMC - They multi bagged and were bought out - something I suspect is going to happen with SMX. There are risks however - see the prospectus last year - today imo however was a substantial de-risking event
My Sentiment: Long - I bought another 50k shares on the retrace today
GLTA