I'm not sure what my comment has got to do with finishing your sentences, but I can say that your 'flash rise' commentary which relates to MSB is no good analogy for SMN IMO.
Of course i temper my comment with the statement If/when FAA finally approves AMOC there might be an initial over-reaction by investors to get set, but thereafter based on both increasing AEM avionics revenue plus CVM revenue there is likely to be a complete rerating of the SMN share price - along the lines that have been discussed previously by JustBob etc on some (growth-focussed) P/E ratio. That should see the end of a Company valued at a paltry $70 million thereabouts - how high will depend on how quickly CVM contracts and new applications for the sensors can be rolled out. I would assume a number of contracts with US carriers, commencing with United will follow fairly quickly after FAA approval.
In summary all I'm saying is that APB CVM approval denotes commercialisation of the technology, and commencement of SMN profitability. That is sustainable IMO and will support a far higher share price. No flash in the pan whatsoever.
SMN
structural monitoring systems plc
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Last
38.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $58.67M |
Open | High | Low | Value | Volume |
39.0¢ | 39.5¢ | 38.0¢ | $72.94K | 187.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 49999 | 38.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
39.0¢ | 53700 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 49999 | 0.380 |
1 | 2614 | 0.375 |
1 | 3000 | 0.370 |
1 | 47685 | 0.365 |
1 | 28571 | 0.360 |
Price($) | Vol. | No. |
---|---|---|
0.390 | 53700 | 1 |
0.400 | 1548 | 1 |
0.410 | 80000 | 1 |
0.420 | 2548 | 1 |
0.430 | 15148 | 1 |
Last trade - 16.10pm 23/06/2025 (20 minute delay) ? |
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SMN (ASX) Chart |