I wouldn't take too much notice of morning star. I think it's just a computer algorithm based on limited facts.
I quite liked the announcement. key points I personally take away are.
- you have to be selected to demonstrate at ANTX, therefore the US navy is after specific technology demonstrations
- Aquabotix successfully completed their demonstrations
- they proved that swarmdiver can be used for surveillance and lethality (from my understanding there was no explosive devices used in demonstrations, however to use this wording in an ASX announcement is intriguing and maybe more than meets the eye).
- last year the made an announcement in oct or nov of successful demonstration at ANTX and soon after got a small US navy contract.
- given that Aquabotix has already received some small US navy contracts and allied navy contracts and partnered up with correct military contractors, I am expecting good news flow over the next few months.
for an MC of 2 mil, current relationships in place, staff taking payments in shares and a growing industry this stock is looking to shape up quite nicely
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I wouldn't take too much notice of morning star. I think...
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