You suggest that for this APB inspection, around 1500 aircraft would be a target for CVM sensors.
Ball park figures, 1500 x $100,000 = $70 million.
I presume Delta would get a slice of the $70 million.
I assume that Delta gets a discount on all sensors at a lesser rate than the 50% discount for their own aircraft.
Hopefully, SMN can make $50 million from revenue of $70 million.
If SMN could achieve earnings of $50 million in a year, including A.E.M., based on a P/E of 30 & after the cap raise & assuming all options are exercised, there will be 160,735,974 shares on issue, the calculated share price is $9.33.
You can adjust your own figures with different amounts of earnings.
SMN Price at posting:
48.5¢ Sentiment: Buy Disclosure: Held
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