- Coda Octopus operates in the 3D, real time, underwater sonar business. This business is forecast to grow substantially over the coming decades.
- Defense applications alone appear to justify a much higher share price than the current $8.20 and when you look into the commercial applications of their technology, the potential is clear.
- Coda Octopus is substantially off the radar in the investment community and volume is very small, making this a very risky and volatile investment. I have taken a small starter position here.
For further details see:
Coda Octopus Group: A Best In Class Company That Is Dramatically Undervalued