Worth holding in?, page-4

SP3 is capped around $9-10M

$2M+ in cash, $1.5M stock on hand and Q3 revenues of $1.1M, up 40% with a cross profit margin of 60%

That alone is a gift ... the numbers are unreal. This will be CF+ this quarter potentially if not next one

These sales have all mainly been generated from the rental of their solar camera range

This really doesn’t include anything to come from their Thermal Range or new Shark Warning system

Their thermal range for example, I have sent to several major cannabis cultivators in Canada and Colombia who think its a no brainer and are currently chatting to the company about potential pilot trials - these are huge properties to protect and would spell big $$$ if SP3 can convert them

Likewise on the Shark Warning System - massive potential. Shark encounters more than doubled since last year despite government spending $20M+ in WA alone on drum lines. 86 QLD beaches have them and are covered under the “Shark Control Program”. Even getting the shark warning system onto every beach covered by the Shark Control Program would spell huge recurring revenues to SP3. There is no better time now for them either ... right before summer, fear factor at all time high, greenies lobbying against drum lines and calling for early warning systems etc

The fundamentals here are fantastic IMO, it just lacks any promotion or support (yet). Let’s see what happens when PAC kick off this roadshow around Sydney and Melbourne