XAO 0.07% 8,705.0 all ordinaries

SP3 - Spectur Limited <$10M market cap, $2.4M cash, $1.5M stock...

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    SP3 - Spectur Limited

    <$10M market cap, $2.4M cash, $1.5M stock on hand

    Revenue for Q3 was $1.1M, up 40% on Q2

    The financial performance and fundamentals on this thing are fantastic, set this become CF+ in January quarter

    Recently appointed PAC Partners as lead broker, being paid a monthly retainer via 20c options

    It appears a particular broker has just orphaned the stock since IPO and dumping their client base out at every chance, hence why it's trading under IPO now. Absolutely crazy !

    This technology is perfectly suited to cannabis and hemp protection. It is the law that once hemp is planted, no unauthorised access can occur otherwise the crop can't get certified. Huge theft issues with recreational cannabis theft also. Even small recreational sites in places like Oregan would need 8-10 cameras alone

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    Cannabis protection is a very low hanging fruit for them. If they manage to get a foot in the door to provide protection to one of the major names, this will get a hell of rerate

    The market is snubbing the financials, and with a broker dumping clients out the SP has been under pressure. However something exciting and left of field like this would really set it off. The beauty is, PAC Partners also have huge cannabis exposure through CAN and AGH floats they did as well as other contacts

    So I have a feeling something is brewing

    An absolute steal at <$10M market cap and under IPO price, especially with PAC now as lead broker. They could have this at 50-75c just on a few research reports and talk of US Expansion
 
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