Annonce • May 20
Strategic Elements Ltd has filed a Follow-on Equity Offering in the amount of AUD 2.5 million. Strategic Elements Ltd has filed a Follow-on Equity Offering in the amount of AUD 2.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 71,428,571
Price\Range: AUD 0.035
Security Features: Attached Options New Risk • Apr 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 15% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Market cap is less than US$100m (AU$23.6m market cap, or US$16.8m). Annonce • Jan 02
Strategic Elements Ltd Announces Board Restructure, Effective December 31, 2025 Strategic Elements Ltd. has changed with the appointment of David Lim and the retirement of Matthew Howard. David Lim David is currently General Manager of investments within Strategic Elements and leads activities within investee companies including Australian Advanced Materials and Stealth Technologies. David brings to the role a wealth of experience and commercial skills accumulated since joining the Company in 2015. Matthew Howard Matthew is a founding director of the Company and is a valued member of the team who has contributed greatly to the Company over the years. Although Matthew is stepping off the board, he will remain Company Secretary and work as a consultant to the Company. New Risk • Nov 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 0.8% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (AU$25.1m market cap, or US$16.3m). Annonce • Oct 23
Strategic Elements Ltd, Annual General Meeting, Nov 24, 2025 Strategic Elements Ltd, Annual General Meeting, Nov 24, 2025. Location: at level 1, suite 9 110 hay street, subiaco, Australia New Risk • Apr 09
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$16.4m (US$9.92m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 1.5% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$16.4m market cap, or US$9.92m). New Risk • Nov 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 4.1% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (4.9% increase in shares outstanding). Market cap is less than US$100m (AU$25.3m market cap, or US$16.3m). Annonce • Oct 09
Strategic Elements Ltd, Annual General Meeting, Nov 13, 2024 Strategic Elements Ltd, Annual General Meeting, Nov 13, 2024. Location: at level 1, suite 9, 110 hay street, subiaco, Australia New Risk • Jul 15
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.9% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 8.6% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (4.9% increase in shares outstanding). Market cap is less than US$100m (AU$21.1m market cap, or US$14.3m). Annonce • Jul 10
Strategic Elements Ltd has completed a Follow-on Equity Offering in the amount of AUD 0.875 million. Strategic Elements Ltd has completed a Follow-on Equity Offering in the amount of AUD 0.875 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 21,875,000
Price\Range: AUD 0.04
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Annonce • Jul 05
Strategic Elements Ltd has filed a Follow-on Equity Offering in the amount of AUD 0.875 million. Strategic Elements Ltd has filed a Follow-on Equity Offering in the amount of AUD 0.875 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 21,875,000
Price\Range: AUD 0.04
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Annonce • Oct 26
Strategic Elements Ltd, Annual General Meeting, Nov 28, 2023 Strategic Elements Ltd, Annual General Meeting, Nov 28, 2023, at 15:00 W. Australia Standard Time. Location: Trinity on Hampden Conference Centre: 230 Hampden Rd Crawley Western Australia Australia Agenda: To receive and consider the Financial Reports of the Company and reports of the Directors and Auditor for the year ended 30 June 2023; to consider and Re-election of Mr Elliot Nicholls as a Director; to consider and Approval of new Employee Securities Incentive Plan; to consider and Approval of Termination Benefits under the Employee Securities Incentive Plan; to consider and Grant of Performance Rights to Mr Charles Murphy; and to consider other matter also. Recent Insider Transactions • Sep 12
MD & Acting Chairman recently bought AU$62k worth of stock On the 11th of September, Charles Murphy bought around 715k shares on-market at roughly AU$0.086 per share. This transaction amounted to 7.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Charles' only on-market trade for the last 12 months. Reported Earnings • Sep 01
Full year 2023 earnings released: AU$0.006 loss per share (vs AU$0.009 loss in FY 2022) Full year 2023 results: AU$0.006 loss per share (improved from AU$0.009 loss in FY 2022). Net loss: AU$2.46m (loss narrowed 29% from FY 2022). Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 9% per year. New Risk • Aug 18
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 15% per year over the past 5 years. Revenue is less than US$1m (AU$15k revenue, or US$9.6k). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (15% increase in shares outstanding). Market cap is less than US$100m (AU$46.1m market cap, or US$29.5m). Reported Earnings • Feb 17
First half 2023 earnings released: AU$0.003 loss per share (vs AU$0.005 loss in 1H 2022) First half 2023 results: AU$0.003 loss per share (improved from AU$0.005 loss in 1H 2022). Net loss: AU$1.29m (loss narrowed 32% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. No independent directors (3 non-independent directors). Executive Director Elliot Nicholls was the last director to join the board, commencing their role in 2009. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Aug 13
Full year 2022 earnings released: AU$0.009 loss per share (vs AU$0.007 loss in FY 2021) Full year 2022 results: AU$0.009 loss per share (down from AU$0.007 loss in FY 2021). Net loss: AU$3.47m (loss widened 47% from FY 2021). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 58% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. No independent directors (3 non-independent directors). Executive Director Elliot Nicholls was the last director to join the board, commencing their role in 2009. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Annonce • Jan 25
Strategic Elements Ltd Reports on Battery Ink Electrical Charge from Moisture Up 150% Strategic Elements Ltd. reported on Battery Ink cells that generate electricity directly from their interaction with moisture. The technology is developedby Australian Advanced Materials (100%) and the University of New South Wales. In a significant achievement prototype Battery Ink cells were screen printed onto flexible plastic and successfully generated over 250mAh (milliamp hours) of electrical charge solely from moisture. In addition, over 5mA (milliamps) of electrical current was achieved under load over a 3-day testing period. The outstanding results detail a 150% increase in electrical charge compared to previous reporting September 29th, 2021. It is envisaged that one of the first electronic devices to be powered by the Battery Ink cells will be electronic skin patches that monitor health, well-being, sports performance, etc. Printed/flexible electronics are extremely well suited to wearable skin patches due to their low weight, flexibility/conformality, and potential for high-throughput, low-cost manufacturing of these disposable items. These devices have lower power requirements but still have a very large existing market that is growing rapidly. Most electrical current needs are lower (0.5mA - 5mA) less capacity is needed (< 220mAh) and duration needs are shorter (7-14 days) than for other electronic devices. Notwithstanding this, electronic skin patch annual revenues in 2021 were over USD 10 billion with USD 30 billion forecast by 2031. In solar cells or batteries two electrodes (top and bottom) are needed to collect current (mobile ions). Which then will move from an area of high concentration of ions to low concentration of ions, creating electron current flow (i.e. electricity). These electrodes are connected to loads such as sensors or other electronic components that need power. An important aspect of the latest prototype is that the electrodes used in the Battery Ink cell structure were also screen printed. An electrode ink was optimised at UNSW for use with prototype Battery Ink cells and screen-printed directly on top of screen-printed Battery Ink cells for the first time. Ultraviolet photoelectron spectroscopy (UPS) experiments show potential for significant electrical power output. Expanded investigation of attributes such as adhesion properties, screen printability and permeability will be conducted. Screen printing is the optimum method to produce printable electronics due to greater precision and ability to create more sophisticated devices. Equipment at UNSW has the capacity to screen print features as small as 100 micrometres and as large as a 1m x 3m. Electronic skin patches remain the immediate focus for first quarter, 2022 although investigation into other uses of the Battery Ink technology have commenced. Reported Earnings • Aug 24
Full year 2021 earnings released: AU$0.007 loss per share (vs AU$0.01 loss in FY 2020) Full year 2021 results: Net loss: AU$2.36m (loss narrowed 7.5% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 118% per year, which means it is well ahead of earnings. Annonce • Jul 01
Strategic Elements Ltd Announces SOR Powers Bluetooth Sensor Device with Moisture Strategic Elements Ltd. has achieved a critical development milestone with its moisture powered battery successfully powering an IoT device equipped with both temperature and humidity sensors and onboard Bluetooth communication. The advanced graphene oxide based battery ink technology enables extremely small, thin and light weight battery cells to be printed onto surfaces such as glass and flexible plastic. The battery cells are designed to be powered and self-charged solely by humidity in the air or from the skin. Graphene oxide and moisture from humidity in the air are a readily available, environmentally friendly source of energy compared to alternatives based on lithium and coin cells. Bluetooth Communication and Sensor Demonstration. A demonstrator battery harvested energy from moisture in the air and converted this to power a Cypress Semiconductor IoT sensor kit with fully integrated: Electronic control board; Bluetooth Low Energy (BLE) communication module; Temperature sensor; and Humidity sensor. Battery ink cells successfully enabled real time temperature and humidity data to be captured and transmitted wirelessly to a laptop via sensors and a BLE communication module over the 5 hour testing period with a sampling rate of 7 seconds. Significantly, for the first time battery ink cells were integrated with a commercial supercapacitor. This is a significant advancement as higher performance applications require a supercapacitor/battery for greater energy storage. The Cypress Semiconductor IoT sensor kit is a development platform for IoT devices with BLE wireless connectivity. The fully integrated module is designed to demonstrate development potential of various components (including power sources) for a wide range of IoT devices. This includes, for example, smart buildings and homes where temperature and humidity are core sensors in a large multi-billion dollar market1. BLE wireless connectivity is also set to expand with increasing use of building energy management systems to collect data via a network of wireless sensors. Screen Printing Development. The battery ink is being designed to produce a battery pack with a large number of miniature battery cells. Scaling down cell size means more batteries can be assembled in the same area leading to increased power output. This is similar to computer chips where greater performance has been achieved by scaling down memory cell size and increasing density. Global electronics companies have adopted traditional screen printing methods to enable miniature electronic components (down to micrometre size) to be printed onto sheets of plastic. Scaling down cell size through screen printing can potentially significantly increase power output from the same area. Battery ink cells fabricated by the Company to date are approximately 0.25cm2 in size. Screen printing equipment at UNSW has technical capability to print components hundreds of times smaller than the current battery ink cell size. Significant materials engineering to customise the battery ink for screen printing has been conducted. Taking COVID restrictions into account, the Company will aim to finalise development and testing of a prototype battery ink formulated for screen printing over the next few weeks. Milliamp Battery Pack: The Company is intending to develop a prototype battery pack producing over a milliamp of electrical current mid Third Quarter 2021. This will be recognised as a significant milestone as it dramatically expands the range of electronic devices the battery can potentially power. If the screen printing battery ink, scaling and milliamp work is successful the Company will proceed to investigate pathways to generating a significantly larger amount of energy than has been contemplated to date. Highly Skilled Team and Collaboration: Development is under an Australian Research Council part-funded collaboration between the Company and the University of New South Wales (announced 30/7/20). The group at UNSW have developed deep experience in electronic inks, energy harvesting and storage over the past 10 years and are applying that in development of the Battery Ink technology. UNSW School of Materials Science and Engineering is ranked #1 in Australia for material science and have a number of partnerships with leading companies such as Boral, Hitachi Chemical, One Steel and many more. UNSW has world-class infrastructure and equipment geared towards advanced materials engineering and fabrication. Annonce • May 07
Strategic Elements Ltd Robotic Security Vehicle Achieves Site Acceptance Strategic Elements Ltd. report that its Autonomous Security Vehicle (ASV) has successfully passed Site Acceptance Testing (SAT) at the Eastern Goldfields Regional Prison. SAT was attended by members of the Department of Justice, Honeywell and Stealth Technologies. In automation projects SAT is used to test whether a new product meets certain criteria as intended in a designated live operating environment and connected to real-world devices and interfaces. It is a key milestone in the delivery of autonomous technologies to an end customer. The Site Acceptance Testing involved the following aspects: Complete full missions - internal and external perimeter; Switched between manual and autonomous control; Stopped through the Emergency Stop button on the Command & Control Centre; ASV mission can be paused, stopped to prevent collision, failover to redundant hardware and can continue the current mission. The ASV developed for the Eastern Goldfields Regional Prison was designed to complete fully autonomous security missions around the perimeter of the prison. The ASV is seamlessly integrated into the prison's
security management platform and can navigate pre-defined missions to test all aspects of the interior and exterior fence line technology including: Microphonics Sensor testing; Microwave Beam testing; Photo Electric Beam testing (PE); Electro Magnetic Field testing (EM). Testing of the perimeter is aided by a robotic actuator that extends out of the vehicle and simulates cutting or climbing of the fence. Surveillance is provided by a military grade camera that provides 360-degree high definition video surveillance. The ASV reports back in real time to the Honeywell Security Manager System via Enterprise Buildings Integrator (EBI). Communication includes testing outcomes, mission status, ASV diagnostics, surveillance and admin via the Patrol Control Centre. Annonce • Apr 24
Strategic Elements Ltd announced that it expects to receive AUD 3 million in funding Strategic Elements Ltd (ASX:SOR) announced a private placement of 10,000,000 shares at AUD 0.3 per share for gross proceeds of AUD 3,000,000 on April 22, 2021. The company will also issue 3,000,000 unlisted option at an exercise price of AUD 0.40 expiring on April 23, 2023. Recent Insider Transactions • Feb 04
MD & Acting Chairman recently sold AU$4.2m worth of stock On the 3rd of February, Charles Murphy sold around 7m shares on-market at roughly AU$0.63 per share. This was the largest sale by an insider in the last 3 months. Charles has been a seller over the last 12 months, reducing personal holdings by AU$5.2m. Annonce • Jan 29
Strategic Elements Ltd Achieves Another Significant Milestone with its Self-Charging Battery Technology Successfully Generating an Output of over 4V from Moisture in the Air over Testing Period of Approx. 5 Hours Strategic Elements Ltd. has achieved another significant milestone with its self-charging battery technology successfully generating an output of over 4V from moisture in the air over a testing period of approx. 5 hours. This was achieved through development of a prototype battery pack containing multiple connected battery ink cells. The self-charging battery ink technology is being designed to generate electricity from humidity in the air or skin surface. It is being developed under a collaboration partially funded by a Federal Government grant with CSIRO and the University of New South Wales. The technology is demonstrating strong early stage potential by recently scaling up to 1 litre ink batch size and now rapidly increasing from 0.8V in a single cell to a maximum voltage of 4.4V from the first prototype battery pack developed. Further development on a) reducing battery ink cell size whilst retaining the same voltage output and b) developing battery ink cells capable of being fabricated onto a flexible textile material has commenced. The self-charging battery technology has strong potential competitive advantages over traditional batteries and power sources that suffer from flexibility, dimension, weight and/or safety issues whilst needing a constant power supply or to be charged. Five battery ink cells each 1cm x 1cm in area weighing less than a few milligrams and thinner than a human hair were fabricated onto glass. The cells were successfully serially connected to each other and placed in a testing chamber with 75% humidity (human skin is known to generate elevated levels of humidity to 90%). The battery pack successfully sustained an open circuit voltage output in excess of 4V over a 5 hour testing period with a maximum of 4.4V achieved. The humidity level was reduced to approx. 55% over the testing period with the voltage output remaining above 4V. The voltage output showed no sign of degradation over the testing period. The ability of the technology to self-charge by harvesting energy from humidity in the air was demonstrated by manipulating moisture in the testing chamber. After reducing the humidity to less than 1% (a desert has humidity of approx. 20%) the voltage as expected reduced to 0.17V. As humidity was re-introduced the battery pack returned to producing its peak voltage. A patent application was lodged 27/01/21 over aspects of the work conducted under the program. Further work will be conducted to test the battery ink cells with different loads and levels of humidity. Early observations suggest battery ink cells have potential to be reduced in size whilst still generating a similar level of voltage (0.8V). Significantly, this could potentially enable development of much smaller devices or greater energy generated from a specific area. The next development milestone is to develop battery ink cells up to four times smaller than the existing cells. For illustration, this would enable four cells to be fabricated in the space taken by one current cell (1cm x 1cm). Voltage output will be tested over a five hour period to determine whether a similar level of voltage (0.8V) can be generated from the smaller cells. Potential of reducing cell size further will be investigated if the programme is successful. Recent Insider Transactions • Jan 07
MD & Acting Chairman recently sold AU$420k worth of stock On the 5th of January, Charles Murphy sold around 2m shares on-market at roughly AU$0.24 per share. This was the largest sale by an insider in the last 3 months. Charles has been a seller over the last 12 months, reducing personal holdings by AU$975k. Is New 90 Day High Low • Jan 04
New 90-day high: AU$0.24 The company is up 264% from its price of AU$0.066 on 06 October 2020. The Australian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 8.0% over the same period. Annonce • Dec 30
Strategic Elements Ltd Updates on SOR Printable Brain Inspired Computing Hardware Strategic Elements Ltd. reported that testing has confirmed that the printable Nanocube Memory technology has potential as printable brain- inspired (neuromorphic) computing hardware. Work at the University of New South Wales confirmed that the Nanocube Memory structure and operation allows it to combine computing and memory in one place in a way similar to how biological neurons operate. The artificial synapses fabricated by UNSW using the Nanocube Memory technology provides a potential hardware solution that has combined data storage and processing abilities, a key to neuromorphic computing. The technology has the potential to store a range of values (as resistance states), rather than just the traditional one and zero, allowing it to mimic the way the strength of a connection between two biological synapses can vary. Changing those synaptic weights (connection strength) in artificial synapses in neuromorphic computing is one way to allow the brain-based system to achieve self-learning. A potential hardware solution has the ability to store and process data within the same component. This reduces latency and power consumption as information does not need to be sent back and forth between the memory and processing unit. This technology could potentially enable neuromorphic hardware to emulate high processing ability of the human rain with low energy consumption. Printed Brain Inspired Hardware Current data processing and storage technologies are based on conventional silicon CMOS (complementary metal-oxide semiconductor) technology which are rigid, requires high temperature processing and expensive manufacturing facilities. Printable artificial synapses could potentially enable combined data processing and storage forprinted/flexible electronics, the lack of which have held back more complex applications to be realized. In particular resource constrained IoT devices are always in need of hardware that consume less power and energy, as these are the major constraints for compact systems with limited battery supply. Testing of Nanocube Memory to Emulate Human Brain In order to test the artificial synapses fabricated using the Nanocube Memory technology for synaptic plasticity, a memristor device was fabricated and subjected to consecutive positive and negative current- voltage (I-V) sweeps which showed incremental decrease in resistance of the memristor device with positive voltage sweeps and incremental increase in resistance of the memristor device with negative voltage sweeps. This shows the core synaptic function of synaptic plasticity of the memristor technology. Next, when electrical signals are applied to a biological synapse, the connection strength between neuron
can be excited (potentiation) or inhibited (depression) which can be interpreted as the memorizing and forgetting behavior of the human brain. Is New 90 Day High Low • Dec 30
New 90-day high: AU$0.21 The company is up 226% from its price of AU$0.066 on 01 October 2020. The Australian market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 11% over the same period. Annonce • Nov 28
Strategic Elements Ltd Provides an Update on its Current Sector Focus for Further Innovation Opportunities and Progress on the Printable Battery and Neuromorphic Memory Technologies Milestones Strategic Elements Ltd. provided an update on its current sector focus for further innovation opportunities and progress on the printable battery and neuromorphic memory technologies milestones. Self-Charging Battery Charging: The Company and the University of New Sales Wales (UNSW) commenced finalizing the scale up of the Battery Ink technology to a volume of 1 litre this week. Intellectual Property gained through development of the Company's printable memory ink technology has enabled the Company and UNSW to significantly enhance development speed. Results remain on track to be available in November 2020. The self-charging battery technology is being developed under a collaboration with the University of New South Wales and CSIRO partially funded by the Federal Government1 . The Battery cells generate 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. Strong potential competitive advantages exist over lithium based batteries that suffer from flexibility, dimension, weight and safety issues whilst needing a constant power supply or to be recharged. The global battery market for IOT was worth USD 8.7 billion in 2009 and forecast to be USD 15.9 billion in 20252. Printable Neuromorphic Memory Potential The Company has also commenced testing the Nanocube Memory for its potential in printable brain- inspired (neuromorphic) computing. The Nanocube Memory structure and operation allows it to combine computing and memory in one place in a way similar to how biological neurons operate. A series of significant synaptic functions will be emulated. Results remain on track and are expected to be available in December 2020. Other Strategic Elements Activities: The Company previously announced3 that it in addition to these activities above that it is seeking further acquisitions in Australian innovation. The Australian Federal Government has registered Strategic Elements as a Pooled Development Fund with a mandate to back Australian innovation. The Company generates high risk-high reward ventures from combining teams of leading Australian scientists or innovators. To provide further guidance, the Company is currently focused on opportunities that leverage the enormous increase in the amount of data being created and consumed across government, consumer and business sectors. To date no agreement has been entered into and the Company will update the market when appropriate. Recent Insider Transactions • Nov 20
Company Secretary & Executive Director recently sold AU$204k worth of stock On the 18th of November, Matthew Howard sold around 2m shares on-market at roughly AU$0.13 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of AU$372k more than they bought in the last 12 months. Recent Insider Transactions Derivative • Nov 04
MD & Acting Chairman exercised options and sold AU$378k worth of stock On the 3rd of November, Charles Murphy exercised options to acquire 2.75m shares at no cost and sold these for an average price of AU$0.14 per share. This trade did not impact their existing holding. For the year to June 2020, Charles' total compensation was 76% salary and 24% non-salary. Since June 2020, Charles has owned 19.94m shares directly. Company insiders have collectively sold AU$614k more than they bought, via options and on-market transactions in the last 12 months. 