I cam across this rule n with a load of clock making tools, but suspect it got there by something unconnected ??
Its a plastic rule with 2 scales one in cm/mm and the other in inches and 1/16".
At one end is a clear plastic 'reticule' with a raised point in t5he centre. The reticule can rotate 360 degrees in the body of the rule. At the same end, the end of the rule is marked in degrees 0 – 75 in 15 degree increments. At the other end, there is a mark to indicate the centre line of the rule.
A clear lockable/sliding plastic cursor can be positioned up and down the scale and there are two "pencil point " holes that are 1" apart. By pressing down on the reticule and inserting a pencil in one of the hole, an arc can be swung once the cursor was locked in position.
By locating the reticule on to a point on a line, the rule can be swung to an angular position and a line drawn through its origin.
The maker was TRIMAN Ltd ref 1001
So what was its intended use ?