SMN 1.32% 37.5¢ structural monitoring systems plc

discussion on cap raise with and without FAA approval, page-2

  1. 1,210 Posts.
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    Covid obviously crippled any chance of airlines spending money on this tech in the last 18 months, even though with so many planes grounded and in storage out in the desert it would have been an ideal time to fitout the whole fleet.
    Company very strong on likelihood of first approvals anytime now but heard this before and they seem to never have much control over any time frames.
    i guess the smart purchasing of other businesses by SMN has meant that they are likely to make a profit of 6 million this year without any approvals and at a market cap of around 90 million at least the company is solidly profitable already.
 
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