Having done some further investigation on Sparc, I am now convinced that this company has a very exciting future - it has 3 technology streams - Marine Coatings, remediation and metals recovery from tailings.
Its quite clear that the Marine Coating, consisting of anti-corrosive and anti-fouling is leading the efforts and is where they are spending probably most of their current work effort. And why not - the global market for these two technologies is well over $USD 7 billion.
And they are clearly making some impressive progress - just look at the 2 figures below from their Dec Qtrly.....73% reduction of corrosion and 19% increase in adhesion.
In a $USD7 Billion market that is some huge potential savings for the industry and a huge opportunity to become a major provider - with their Sth Australia location, in proximity to Aust Govt Defence Dept and defence contractors such as Home | BAE Systems | International and Home | Naval Group (naval-group.com.au) and their unique arrangement with University of Adelaide, this must surely just be a matter of time before this technology is introduced to the market.
A successful pilot application program will capture the attention of the global market.
Some good days ahead I feel......
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sparc technologies limited
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Last
14.0¢ |
Change
-0.005(3.45%) |
Mkt cap ! $16.37M |
Open | High | Low | Value | Volume |
14.5¢ | 14.5¢ | 14.0¢ | $4.492K | 31.83K |
Buyers (Bids)
No. | Vol. | Price($) |
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6 | 57671 | 14.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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14.5¢ | 81836 | 2 |
View Market Depth
No. | Vol. | Price($) |
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4 | 29837 | 0.140 |
3 | 27147 | 0.135 |
2 | 16538 | 0.130 |
3 | 51084 | 0.125 |
3 | 14509 | 0.120 |
Price($) | Vol. | No. |
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0.145 | 81836 | 2 |
0.150 | 59501 | 3 |
0.155 | 43145 | 4 |
0.160 | 68214 | 6 |
0.175 | 57830 | 1 |
Last trade - 14.48pm 08/08/2025 (20 minute delay) ? |
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