Justbob,
Very much appreciate your input, and that of other long termers.
For my part, I have only been around for I think a couple of years, and after a frustrating wait, am now very excited by SMN's potential and eager for more information.
Am I right in recalling that the company said it was preparing a major package to explain its latest thinking on strategy and revenue model? Is it possible this might be coming now in next day or so, along with the FAA announcement itself. Seems to me this will be required by the market, brokers and even journalists, to get their heads around our SMN/AEM potential.
Two further thoughts.
A market cap of sub AUD100 million is the most exciting thing now, particularly with AEM under-pinning at least half of that. In these days where market leading technology is valued quickly in the billions, and with the moat SMN is likely to hold, a rapid move to AUD500 million would not seem a stretch to me, without even seeing the business model rolled out.
Because I have grown very fond of the AEM business, I trust they will continue to be pivotal in manufacture of sensors, and that an integrated manufacture, R&D and technology owning business can continue to emerge at Kelowna.
Does this suggest that real appreciation of this exciting North American aero business will await dual listing in the US?
Or will an opportunistic take-over emerge in the interim?
Exciting times.
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