If you are invested in SMN you should ask yourself the following questions: -
1. Will the Anodyne business be able to support SMN until approvals are obtained?
2. Will Boeing approve the CVM technology for the aft pressure bulkhead?
3. Will the FAA approve the CVM technology for the aft pressure bulkhead after the Boeing approval?
4. Will there be demand for CVM sensors that will save airlines millions of dollars from not having aircraft out of service & in hangars for several days while they have internals dismantled, physically checking for cracks & having the dismantled sections reinstalled, hopefully without damage?
5. Will SMN be able to negotiate acceptable contracts with airlines?
6. Will SMN make sufficient profits to pay large dividends?
When I ask myself the above questions, I answer in the affirmative to each one.
Consequently, the only unknown factor is when will it happen.
If it is only a matter of time, I am willing to wait. Boeing have indicated their decision will be made in June.
Ann: An update from the Executive Chairman, page-171
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Last
42.0¢ |
Change
0.030(7.69%) |
Mkt cap ! $57.45M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 42.0¢ | 39.0¢ | $22.26K | 55.87K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 843 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 25000 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
39.5¢ |
Change
0.030 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 39.5¢ | 40.0¢ | 39.5¢ | 6629 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| SMN (ASX) Chart |