It has been suggested that SMN, through the Anodyne business, should have earnings of around $6 million in the next year or two.
If we examine the situation, without FAA approval & a failed rights issue, we could be looking at earnings of about 5 cents per share. On a Price / Earnings ratio of 30 the share price would be around $1.50.
If the above is reasonably accurate then the current share price should be at least twice its current value, taking in the above projection & the pending FAA approval.
It has been suggested that SMN, through the Anodyne business,...
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Last
42.0¢ |
Change
0.030(7.69%) |
Mkt cap ! $57.45M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 42.0¢ | 39.0¢ | $22.26K | 55.87K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 843 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 25000 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
39.5¢ |
Change
0.030 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 39.5¢ | 40.0¢ | 39.5¢ | 6629 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| SMN (ASX) Chart |