Australian (ASX) Stock Market Forum

SOR - Strategic Elements

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seems like a thousand ideas emanating from this crowd

Automation of 3D Weed Mapping
The Company is developing a device that will automate the capture and integration of multiple forms of data (LIDAR, GPS, IMU and High Definition Cameras) to produce 3D location maps of agricultural weeds. 3D Mapping of agricultural weeds with highly accurate geo-referenced coordinates will enable farmers to target them much more effectively by applying modern agronomy to weed management.

- there might be something in this?

Up on the news (and Friday's Honeywell linkup) but any leap invariably attracts a sell off?

1603068768911.png
 
another week, another couple of Market Sensitive announcements.

.... this one probably has more true believers than most. Up 150% today
SOR subsidiary Australian Advanced Materials has agreed to develop a self-charging battery technology through its collaboration with the University of New South Wales and CSIRO. The Battery cells create electricity from humidity in the air or skin surface to self-charge themselves within minutes. No manual charging or wired power is required. They are created with a printable ink and are ideally suited for use in Internet of Things (IOT) devices.
Click to expand...

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when the offer is at 6c, one would expect the cash to flow in. In this case, a whelming flood.
....[with the] opportunity to purchase shares in the SPP; the Company intended to raise $1,000,000 under the SPP. The Company has received strong interest in the SPP and exceeded the $1,000,000 target this morning. The Company has received over $4,294,000 in applications. This amount is above the $1,000,000 and as such, applications will be accepted on a first received basis up to the $1,000,000, with any oversubscriptions accepted at the Directors’ discretion and subject to all legal and regulatory requirements.
Click to expand...
The Company intends to close the plan early on Monday, 2nd of November at 5pm AWST and reserves the right to scale back applications for amounts over $1,000,000. The Company will update the market with the final amount received and accepted once this is finalised.
Click to expand...

SPP at 6c, and trading around 13c this morning. Each company has its own aims and methods. I think pro-rata is better, maybe adjusted with a minimum then scaled for $$s received, rather than first in and best dressed.
 
Dona Ferentes said:
when the offer is at 6c, one would expect the cash to flow in. In this case, a whelming flood.


SPP at 6c, and trading around 13c this morning. Each company has its own aims and methods. I think pro-rata is better, maybe adjusted with a minimum then scaled for $$s received, rather than first in and best dressed.
Click to expand...
I haven't bothered looking at a broker price summary of this stock today but with this amount of "free" shares I'd be selling at these prices.

gg
 
always tricky if you don't know the number of new shares you may receive, but yes, I'd be acting similarly. ....(don't hold) others seem to .

And the early bird gets the juiciest morsel:

5 minute chart and volume for last 5 days:
1603849502305.png
 
An interesting pooled development fund (with R&D tax benefits) with an interesting investment into liquid ink graphene oxide, wearable, rechargeable battery technology that can recharge from the humidity in the air or on human skin. A potential application is for the charging of biosensing devices. Development is through collaboration with CSIRO and UNSW.

They released an announcement to market a couple of days ago that they had managed to scale up to producing a one litre batch of the ink.

Another interesting project is their nanotube memory ink product.

www.strategicelements.com.au

Strategic Elements

Venture Builder Strategic Elements operates as a venture builder where it generates ventures and projects from combining teams of leading scientists or innovators in the technology or resources sectors. Strategic Elements operates as a registered Pooled Development Fund (PDF) on the...
www.strategicelements.com.au www.strategicelements.com.au
 
I see SOR is off to a flying start for you @Muchado in the 2021 full CY Comp and the only one to pick it.

1st day 20% up and then backed it up with a 50% yesterday, well done and good luck. :xyxthumbs
 
SOR continuing its bullish run. Forming a steep uptrend now and hitting a high of 57c today. Very impressive, especially given the absence of price sensitive announcements this month.

The company indicated earlier this month that the prototype self-charging battery pack was on track to be completed in the last week of January.

The market is obviously starting to get excited.

big.chart-SOR.gif
 
Amazing run
closed out yesterday as I went to golf
not wanting to destroy a good profit.
But what a run — now looking for a consolidation
sooner than later— .
 
What news is expected from SOR in the near term? (hat tip: Surandy)

Self Charging Battery:
January 2021: Development of prototype 3.7V battery pack containing multiple connected self charging batteries
March Quarter 2021: Testing battery ink for compatibility with industrial scale printing techniques

Printable Brain Inspired Computing Hardware:
March Quarter 2021: Early stage work on stability, potentiation, depression, latency and power requirements

Nanocube Memory Ink:
May 2021: To have developed a 1 Megabit ultra-low power, flexible, transparent memory device

Collaboration with Honeywell:
April 2021: Exclusivity period for development of A$V with Honeywell for the justice sector due to expire, potential for a formal agreement with Honeywell to supply multiple A$Vs for prisons that they operate.

Drones:
May 2021: Collaboration with Planck Aero re drones due to expire, possible extension or announcement of integration of drones with Stealth Technologies' A$V.

There is scope for updates on various other activities the company is involved in such as final testing of the A$V for use at the Eastern Goldfields Regional Prison, the weed detector, planning for drilling of the Leviathan anomaly, or even left field news on an agreement with another use of the A$V, acquisition of Australian innovation, etc.

and of course Quarterly activities and cashflow report due end of January 2021, and Half yearly report
 
March Quarter is an important one for news. I'll be looking for announcements in the battery tech especially towards the end of March and perhaps some progress on the Honeywell discussions to impact the share price.
 
solid rebound today on good volume, maybe the directors jumping back in at cheaper oversold levels
 
Lots of Market Sensitive announcements, this year, only to be met by Market Indifference

Screenshot_20210615-165816~2.png
 
Another price sensitive announcement released today.

SOR300621.png


The technology sounds fascinating, but it's obviously still in development and far from production. SOR made $25,000 in revenue last quarter.

Is this technology commercially viable or are they just going to continue to burn through cash? The share price has been going down all this year, but today's announcement has seen things turn around, with the share price increasing 11.36% to 24.5c.
 

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