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‘cause we’ve got one and use it for the very reason you guessed! We mark our exits shore diving Bonaire.Would gues that it is a fishing marker buoy that someone repurposed for some particular aspect of their diving? Maybe a site mapping aid? Mark a structure, surface and take compass readings?
EDIT: Ha! @uncfnp got you the exact model and er’thing.
It appears to be a very early model or a copy of the Pelican float made in Torrance California by the late Dave Parker
A few years after the introduction of the Pel-float Dave developed and produce the Pelican cases
SDM
Or,.......................................What say Ye....Sam?I really think what's sorely lacking...is a forum...entitled...''Ask Sam''...
If Sam don't know...you don't need to know...
Best All...
Warren
Or,.......................................What say Ye....Sam?