This little stock has gone under the radar of recent times.
However Canary Capital, who I have followed into 3DP, K2F and PIQ recently have done their research.
SM8 has a tight capital structure , fully diluted circa 85 mio shares.
Good management team led by Craig Anderson and Hamish Jolly, who retain 51% of issued shares.
Clever Buoy is a virtual shark net, real time monitoring . The WSL endorsed this in 2017 in light of the Mick Fanning incident.The IP is protected by offshore patents.
Sea Bin , smart new ocean cleaning device , that SM8 retains a 20% interest and looks to increase.
SM8 has clear and immediate revenue streams already targeted in the US.
2018 will be a good one for this little stock.
SM8 Price at posting:
3.8¢ Sentiment: Buy Disclosure: Held
