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
- Forums
- ASX - By Stock
- Ann: An update from the Executive Chairman
I have pondered yesterday's announcement by Ross and feel,...
- There are more pages in this discussion • 22 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SMN (ASX) to my watchlist
(20min delay)
|
|||||
Last
37.5¢ |
Change
-0.010(2.60%) |
Mkt cap ! $51.30M |
Open | High | Low | Value | Volume |
39.0¢ | 39.0¢ | 37.0¢ | $17.83K | 47.10K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9999 | 37.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
38.0¢ | 5000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9999 | 0.375 |
1 | 4115 | 0.370 |
1 | 21553 | 0.360 |
1 | 2000 | 0.350 |
2 | 18000 | 0.335 |
Price($) | Vol. | No. |
---|---|---|
0.380 | 5000 | 1 |
0.385 | 6001 | 1 |
0.410 | 50 | 1 |
0.425 | 7000 | 1 |
0.440 | 27779 | 1 |
Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
|
|||||
Last
37.0¢ |
  |
Change
-0.010 ( 1.33 %) |
|||
Open | High | Low | Volume | ||
39.0¢ | 39.0¢ | 37.0¢ | 5603 | ||
Last updated 14.39pm 21/05/2024 ? |
Featured News
SMN (ASX) Chart |
The Watchlist
AUQ
ALARA RESOURCES LIMITED
Stephen Gethin, Non-Executive Director & Chairman
Stephen Gethin
Non-Executive Director & Chairman
Previous Video
Next Video
SPONSORED BY The Market Online