SMN 3.77% 55.0¢ structural monitoring systems plc

Ann: Trading Halt, page-48

  1. 5,053 Posts.
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    I can confirm the following. It’s more than 3 Times covered by instos. Apparently 3 cornerstones b4 the instos. Amounts were TC $1 mil and the the other 2 are for $500k and $2 mil. That leaves $7.5 mil and they have $30+ mil bids in the book for this $7.5 mil. Apart from 1 or 2 existing SI’s it’s only for instos. So no selling coming from the placement is the word. Let’s see how it pans out. I might have a dip tomorrow. Cheers
 
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55.0¢
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52.5¢ 57.5¢ 52.5¢ $75.61K 138.6K

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1 2689 52.5¢
 

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Price($) Vol. No.
56.0¢ 5000 1
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