SMN one of the best announcements i have seen on the ASX for such a small company.
Its been 15 years of R&D with Boeing, Delta, FAA and Airbus and now they have finally received FAA approval and Boeings approval for instalation on all new and old aircraft.
Absolute company making annoucement and one that will bring in instant revenues in the tens of millions recouring every single year just based on the Boeing 737 for the life of the aircraft.
The first ever Commercially-approved technology for any on-aircraft application involving cracking, and related structual fatigue in the world!
This is now going to be re-rated in a massive way now that serious revenues are only weeks away and can finally be valued on forward earnings.
Ann: Delta/Boeing/FAA In-Flight Programme - Important Conclusion, page-11
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Last
42.0¢ |
Change
0.010(2.44%) |
Mkt cap ! $57.69M | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 42.0¢ | 42.0¢ | $23.16K | 55.15K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 55000 | 40.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 25834 | 2 |
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| Last trade - 12.19pm 04/07/2024 (20 minute delay) ? |
| SMN (ASX) Chart |