Well interesting update.
Glad to hear that they have submitted approvals for multiple applications for mutltiple aircraft types, the big question is how long will these approvals take?
However one can presume that the approvals for 757 will be happening soon so that Delta can fit them starting in Q4(October) well thats pretty darn close, wondering if we may have some sensor sales in September then to fit in with the October timeline, so maybe just maybe the next 4c will show a bigger increase in revenue
Things seem to be rolling along albeit a bit slower than what we all may want, but its great the applications have now been submitted. It will be interesting to see how fast things roll out to other airlines once the approvals come through, interesting comment regards US airlines etc having approximately around 300 757s in use very subtle hint that was IMO.
Good to see that the intergration of SMN into AEM seems to have gone smoothly enough with that side of operations increasing their revenue slightly(whether that slight increase is from sensor sales is unclear but I am presuming nominal sensor sales in the cash received in this 4c) and still maintaing costs etc. So there should be enough cash for current operations until sensor sales which I presume will be happening soon to fit in with Deltas Q4 timeline.
Anyway nice read the next 6 months sound like they will be pivitol, however it is starting to sound like we are on the cusp of actual commercialisation IMO yay.
Now whether the market will move now or wait for confirmation of sales, final approvals etc that is the big unknownwe await.
The above is all my view
- Forums
- ASX - By Stock
- SMN
- Ann: Appendix 4C & Company Update
Ann: Appendix 4C & Company Update, page-18
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SMN (ASX) to my watchlist
|
|||||
Last
48.0¢ |
Change
0.010(2.13%) |
Mkt cap ! $65.93M |
Open | High | Low | Value | Volume |
47.5¢ | 48.0¢ | 46.5¢ | $5.537K | 11.74K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 14280 | 46.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
48.0¢ | 5078 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 14280 | 0.465 |
1 | 17391 | 0.460 |
1 | 2753 | 0.440 |
1 | 5600 | 0.420 |
3 | 19638 | 0.415 |
Price($) | Vol. | No. |
---|---|---|
0.480 | 5078 | 1 |
0.500 | 129 | 1 |
0.505 | 9591 | 1 |
0.525 | 1375 | 1 |
0.530 | 24999 | 2 |
Last trade - 12.59pm 12/07/2024 (20 minute delay) ? |
Featured News
SMN (ASX) Chart |