SCT 0.00% 70.0¢ scout security limited

News: SCT Scout Security Signs Partnership With Stanley Black & Decker, page-4

  1. 9,908 Posts.
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    Wow what a cracker of a deal for Scout !

    So we have a US$22 bil behemoth of the securities industry licencing the A$20 mil Scouts home security platform for global distribution.

    Stanley Black & Decker have obviously done their due diligence. They wouldn't enter into this Licence if they didn't think it could generate huge revenues otherwise why would they bother.

    The Us$300k licence fee will come in handy plus I reckon Scout would have done a deal on funding fulfillment going forward.

    If this ramps up well in the new Calendar Year, Scout will definitely get taken out before it gains too much momentum.
 
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