SMN 3.51% 55.0¢ structural monitoring systems plc

tomorrows the day, page-13

  1. 4,288 Posts.
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    Hi Kelder2001

    The first was at .01 then they did the normal 1 for every 10 before listing. They has been a couple of other small issues. I need to research that to get you the exact. Anyway when i and others did our break even analysis it work out to .14 per share including CGT.

    They prospectus was @.20. J Poi (not want to mention full name) am sure you can work it out. Big player from perth. sold @ .24 as i sold some also. i had over 2m of these , so i have taken my profits and am free carried. They then did a ramp just before the options expired up to about .24 again, since then they have dropped.

    Ken Davey not Ron.

    I need to do some research and find out who is holding what and their %.

    i know their are some big money people in this so I dought they will let it fall over. Its just how much exsisting shareholders get punished. Problem is alot of they major shareholders recieved there shares for free for services done.

    When I last spoke with CEO he was saying they are trying to get value into the shares in order to raise capital at a better level than now, however after that conversation the shares continue to drop, so who knows.

    I will be on the phone this week and will have the run down so will keep you posted.

 
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