Had my attention drawn to this business by another investor, I have spent some time looking at it and I cant see it as being investible for me. I already have as much exposure as I am comfortable with to small, speculative, loss making businesses with good narratives!
In thinking about the business itself, I can see a big risk of margin squeeze as its hardly a particularly innovative or unique product and could easily have a competitor squeeze them. This is more of a risk given SP3's small size - there are lots of very big players in the security cam market.
I dont even consider the other products in the R&D pipeline because the business already runs at a loss with its existing products and there are too many unknowns with products not even brought to market yet.
I will keep SP3 in my watchlist, if it can transition to profit successfully then I will run my ruler over it again.
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Last
1.8¢ |
Change
-0.002(10.0%) |
Mkt cap ! $4.175M |
Open | High | Low | Value | Volume |
2.0¢ | 2.0¢ | 1.8¢ | $2.212K | 111.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 32657 | 1.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.0¢ | 370437 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 32657 | 0.018 |
1 | 250000 | 0.013 |
1 | 250000 | 0.012 |
1 | 50000 | 0.010 |
1 | 62000 | 0.009 |
Price($) | Vol. | No. |
---|---|---|
0.020 | 370437 | 2 |
0.024 | 48033 | 1 |
0.025 | 46304 | 1 |
0.045 | 11905 | 1 |
0.000 | 0 | 0 |
Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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