With only about 4 weeks until Christmas SOR has the potential to be very volatile.
According to SOR's last quarterly, they have 6 Potential imminent announcments.
"We have set a very aggressive target for the Battery Ink to demonstrate 5mA (milliamp) current output and 220mAh (milliampere hour) capacity in Q4 2021."
"Work to finalise a new agreement with Honeywell to commercialise the ASV (Autonomous Security Vehicle) continued throughout the quarter."
"Stealth engineers completing simulation testing of autonomous CBRN detection algorithms for drones with live field testing to commencing in Q4 2021."
"The team is also on track to deliver a second generation ASV II design that incorporates the upgraded sensor fusion stack and drone launch and land system in Q4 2021."
"An expanded trial of the technology across multiple paddocks will be conducted in the Q4 2021 harvest.
Stealth AxV Platform in the mining industry." "This identified a number of opportunities and the Company is seeking to commence initial work with a mining company in Q4 2021."
With such downward pressure on the share price, we all wait eagerly for these announcements.
Careful consideration should be given if you are selling at these levels.
The clock is ticking....
SOR Price at posting:
24.5¢ Sentiment: Buy Disclosure: Held
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