SP3 Research

HelloEveryone,
As previously mentioned in my last week post, Here is my research notes of Spectur Limited.

Profile

SpecturLimited (ASX:SP3) is an Australian-based developer of security, surveillanceand warning solutions powered by solar, IoT [Internet of Things], camera andcloud-based technology. The Company owns the rights to its innovative hardwareand disruptive cloud based systems which are deployed to provide solutions toindustries including government and utilities, and the building, constructionand civil sector.

Corporate Snapshot
Shares on Issue: 105 million Approx.
Market Cap: $6.7 million Approx.
Current Share Price: $0.063
52 weeks high: $0.41
52 weeks low: $0.125

Listed Options: (SP3O)11.1 millionlisted options at exercise price of 20 cents expiring on 31 Dec 2020
14 million Unlisted options at various high exercise price expiring on 31 Dec2020.

History of Issued Capital andcapital raises
Seed capital raise at 10 cents and 16 cents - 17,500,000
IPO at 20 cents - 23,500,000
Placement (including Director offer) at 36 cents - 6,100,000
Shares issued on exercise of options - 25
As of 30 June 2018 - 49,000,025
Issue of remuneration shares - 155,602
shares issued on exercise of options - 80,000
shares issued on exercise of performance rights - 7,166,666
As of 30 June 2109 - 56,402,293
Share placement at $0.13 - 12,230,773
Shares issued on exercise of performance rights - 6,999,999
As of 31 Dec 2019 - 75,633,065
Shares placement at $0.05 - 11,344,960
Shares issued under SPP at $0.05 - 18,908,267
As of 13 August 2020 - 105,866,292

Director names and their holdings
Mr Darren John Cooper - 1.9 mil
Dr Gerard John Dyson - 1.5 mil
Mrs Bilyana Smith - 604K

Financials
Cash in bank as of (30/6/2020): $1.63 mil
After recent cap raise from SSP, Cash as of now should be ($1.63 + $945K +$567K) = $3.14 mil. approx.
No Debt

Receipts from Customers

Revenue


Net Cash Flow


Problem


Solution


Marketing analysis and opportunity

Industries that utilise video surveillance and Vaas

·Oil and gas

·Construction

·Storage yards

·Power generation

·Asset/ Project monitoring

·Government (Federal & Local councils)

·Critical infrastructure

·Property management

·Agriculture

·Environmental

·Security

·Marine

Below are the screenshots of some important slidesfrom the July presentation

All in my opinion and research. Good luck and please do your own research.