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Ann: Completion of Share Placement, page-13

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  1. 2,400 Posts.
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    Absolutely no evidence to back this up other than my own opinion but I'm calling Shark Mitigation Systems as the new venture. These (Private Company) guys are based in Perth, already have established revenue from their patented shark repelling wetsuits and have an R&D association with Optus to develop their world first Clever Buoy which can differentiate between types of marine life and isolate sharks before sending a warning message to the shore. The tech can also identify other species so it has enormous potential for fishing industries around the world. Technology for Australia with potential to take on the world.

    At some point they are going to need some serous backing to expand to where they need to be so why not now?

    If it is SAMS (Shark Attack Mitigation Systems) I for one will be very happy

    Like I said, no evidence, just putting it out there so I can claim bragging rights if I'm correct ;-)
 
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