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. $50 million, and AEM about to put the company in a positive cash flow, I am looking forward to the dividend and possible share buy-backs within 2 years after sensor approval.
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Price($) | Vol. | No. |
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1 | 85 | 0.560 |
1 | 4518 | 0.550 |
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Price($) | Vol. | No. |
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0.610 | 5000 | 1 |
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