SMN 0.00% 37.5¢ structural monitoring systems plc

I have pondered yesterday's announcement by Ross and feel,...

  1. 723 Posts.
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    I have pondered yesterday's announcement by Ross and feel, firstly, disappointed by what feels like never ending delays to approval. However, it occurs to me that if our product survives through these extra stringent tests, doesn't that make our product to market almost bulletproof?? I'm bullish still of our chances of a successful large scale commercialisation, eventually leading to a take over at a premium price. I base this on the below graph. We do have a disruptive innovation, that lessens the need for maintenance, thus reducing labour, costs and hours that the aircraft would spend in a hanger and not flying. Once approved (hopefully), we will see first commercial agreements with early adaptors and move quickly, imho, to the tipping point. This is where I believe a take over offer will most likely be forthcoming.

    It's nice to dream while waiting. All the best to fellow long suffering shareholders


 
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