SMN 2.44% 42.0¢ structural monitoring systems plc

Folks don't fall for the sucker punch

  1. 3,006 Posts.
    lightbulb Created with Sketch. 2168

    Sorry folks this seems  like a set up.


    The last time the SMN volume traded over 200K was the 5th of September  when the closing price was 1.225.


    Since then 22 days traded a volumes of under 50k. On the lowest day only 6k shares had been traded and the share price has dropped to 99 cents.


    Also easy.


    That's a drop of 19.2% drop on nothing volumes. They are shaking the tree to see how many retail investors fall to the ground.


    Remember that the stock market was created to take money from the impatient to give to the patient.


    It not all that hard folks. Just wait for the revenue. Do I believe that the revenue will  start to surface before this time next year? Yes I do.


    Is that a long time to wait? No at my age sometimes I think that 3 months go by after just bending over to tie up my shoe laces.


    Once the revenue starts to flow the manipulation will be minimised. It won't completely go away but it will have less of an affect.

    \

    Nothing like a 20% drop in 2  months on nothing volumes.


    These are just my opinions Folks DYOR.


    Good Luck and hold tight.


    cheers Lies.




 
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Last
42.0¢
Change
0.010(2.44%)
Mkt cap ! $57.69M
Open High Low Value Volume
42.0¢ 42.0¢ 42.0¢ $23.16K 55.15K

Buyers (Bids)

No. Vol. Price($)
1 55000 40.0¢
 

Sellers (Offers)

Price($) Vol. No.
42.0¢ 25834 2
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Last trade - 12.19pm 04/07/2024 (20 minute delay) ?
SMN (ASX) Chart
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