SMN 7.69% 42.0¢ structural monitoring systems plc

Ann: An Update from the Executive Chairman, page-131

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    SMN reported $624K of EBITDA for the March quarter, annualized this becomes $2.496 million.

    For the exercise, if you consider this number to be annual earnings then based on a P/E of 30, the share price would be about $0.54.

    Continued increases in profit from A.E.M. would start to make the stock more appealing with the added bonus of potential CVM approval.
 
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