Personally I think the AEM model of eating doughnuts on Friday might be something usefully taken up by some of the discouraged posters around here.
The carb/sugar fix would bring oral satisfaction and instantly elevate blood sugar, potentially bringing about feelings of content that may address - to a small degree at least - the yearning disappointment of long term holders who have seen the price gallop spectacularly in recent weeks only to start refusing the next ‘fence’ .
It *is* Friday! : )
Also Commsec’s AI says the current hiatus may be an opportunity for bullish investors to load up (due to the falling of the two week Oscillating stochastic thing.)
On fundamental levels I am not overly bullish but really do not believe Ross Love wants to fall into the pit of ‘big-noting followed by failed promises’ that have been a feature of other leaders.
I like him.
Beyond this, despite recommending them I don’t much like doughnuts and believe their nutritional value to be small so I won’t follow my advice to load up on them despite that it’s Friday
However I did dunk a toe in to SMN again just in case the nutritional value of CVM proves to be ‘life supporting’ in the future and in trust of Ross Love’s recent comments:
“We have seen more momentum for our commercialisation program with each month this year and expect that to continue throughout the course of 2023 and beyond.“Thank you for your ongoing interest and patience in this matter and I look forward to keeping you updated as we progress towards FAA certification and the path towards full commercialisation of this technology…”
…And because I think it’s natural for prices to take a break after big rises….
…. And because there’s an awful lot of shares held at higher (and lower) prices by people who want a better return than under 80c each.
That’s still less than the capital raise early last year!
cheers
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Last
45.0¢ |
Change
0.110(32.4%) |
Mkt cap ! $56.09M |
Open | High | Low | Value | Volume |
39.5¢ | 47.5¢ | 39.5¢ | $159.6K | 369.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 17425 | 45.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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45.5¢ | 2000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 17426 | 0.450 |
1 | 9307 | 0.445 |
1 | 50000 | 0.420 |
1 | 20000 | 0.400 |
1 | 10000 | 0.390 |
Price($) | Vol. | No. |
---|---|---|
0.460 | 2000 | 1 |
0.470 | 16578 | 2 |
0.475 | 9620 | 1 |
0.480 | 5000 | 1 |
0.485 | 14001 | 2 |
Last trade - 13.11pm 06/06/2024 (20 minute delay) ? |
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Last
45.0¢ |
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Change
0.110 ( 35.4 %) |
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Open | High | Low | Volume | ||
41.0¢ | 47.5¢ | 40.0¢ | 79576 | ||
Last updated 13.38pm 06/06/2024 ? |
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SMN (ASX) Chart |