Low efficiency, high cheapness, but made in Iran?
With a charge cone spanning 30 cm and only penetrating 10 cm of armor at 100 meters, the efficiency is very low compared with state-of-the-art munitions. (See Shaped charge.)
gbaikie: "The downside to it [for the Iranians] is it's got Iran's name all over it- therefore shredding any claim to deniablity...."
I could not make out the "Made in Iran" decal on the weapon in the low resolution photo.