SMN 0.00% 72.0¢ structural monitoring systems plc

Ann: Appendix 4C and Quarterly Update, page-19

  1. 145 Posts.
    lightbulb Created with Sketch. 18
    I agree. Have recently bought more than originally planned in view of the great price.

    Those concerned about Covid and reduction in air traffic have a look at the attached map of current planes in the air -expand out the photo from Brisbane to the whole world.

    https://www.bne.com.au/passenger/flights/flight-radar.

    Every one of those and many more is a possible customer of SMN for multiple types of sensors. Any competitor will take the same approval time through FAA.

    Consider that after FAA approval the sensor kits will be prepared for not only each different type of plane but also for rotorcraft and air force jets etc., each has previously had test kits installed. Those craft are not affected much by Covid.

    For a current market cap of approx. $50 million, and AEM about to put the company in a positive cash flow, I am looking forward to the dividend and possible share buy-backs within 2 years after sensor approval.


 
watchlist Created with Sketch. Add SMN (ASX) to my watchlist
(20min delay)
Last
72.0¢
Change
0.000(0.00%)
Mkt cap ! $98.89M
Open High Low Value Volume
71.0¢ 72.0¢ 71.0¢ $31.59K 44.41K

Buyers (Bids)

No. Vol. Price($)
1 2067 71.5¢
 

Sellers (Offers)

Price($) Vol. No.
72.0¢ 10473 1
View Market Depth
Last trade - 15.48pm 09/08/2024 (20 minute delay) ?
SMN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.