"the fact that Boeing is now fully in the picture for this approval tells me that the moment FAA approves this, the OEM will most likely become a client."
I agree with that observation, and perhaps that likelihood is the silver lining in this delay. If Boeing happens to become a customer straight after FAA approval then I'd say this delay is more than worth the wait.
In the meantime we know the audio/avionics business of AEM is becoming increasingly profitable, to the extent that SMN as a whole will soon be able to report profits on a regular quarterly basis. That is some feat IMO.
Ann: Appendix 4C and Quarterly Update, page-20
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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¢ | $22.26K | 55.87K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 843 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 42.5¢ | 25000 | 1 |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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39.5¢ |
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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 |