SMN 0.85% 59.0¢ structural monitoring systems plc

What is the upside following the APB application?, page-7

  1. 71 Posts.
    lightbulb Created with Sketch. 69
    just wanted to follow-up here.

    march 2023 candle gave us 106% upside.

    i expect significantly higher share price going forward as we gear up for June 2023 approval of the APB application.

    market cap of SMN continues to be a ridiculous 63 million USD, for an Enterprise Value of 72 million USD when considering the debt.

    the very bottom of my CVM valuation would give us a share price of AUD 1.80.

    the very top of my CVM calculation would give us a share price of AUD 18.00.

    i expect the truth to be somewhere in the middle... maybe 5-6/share in the medium term i.e. 5 years?

    GLTA

    DYODD
 
watchlist Created with Sketch. Add SMN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.