SMN

0.86%

58.5¢ structural monitoring systems plc

Ann: Appendix 4C and Quarterly Update, page-25

First 25 Last

Share
Profile

Follow
DrDazmo2

126 Posts.

107

29/04/23

14:47

Post #: 67524227
Share

Originally posted by sabine: ↑

They had increased employees by ten in the six months to December .. recently at least four more had been advertised for including one to assemble CVM sensors ..
today:
https://workforcenow.adp.com/mascsr...Id=19000101_000001&type=JS&lang=en_CA
View attachment 5243224

… all the above appear to be related to avionics (ie they do not include the recent one specific to CVM sensors) so that makes at least 15 new hires or 120 extra hours work a day?

And reading through the report again I saw Japan is being immediately targeted via the “upcoming high value business development trips” scheduled for Europe and Japan.

Beyond this I was talking to google and it said at 79c the price here is still 12% under the 90c cap raise which took place just over a year ago.

And I thought ‘But SMN is surely worth way more in terms of the house keeping that has been achieved and the potentials that have been clarified.’
Indeed, I think it’s been an enormous year that I puts the company in a way more positive position despite the reduced price
- including settling that very long term Tulip Bay debt, refinancing, changing company leaders, dealing with the Drake coup attempt and bringing on both AEM (in its’new premises) and the pending approval for the APB sensor kit.
The new people will cost significant wages but hopefully Gord Gooding, one of the ten hires of first half, the new CFO at AEM [here’s a reminder on Gord ] has a clear focus on profit.

Overall I am tending to think (for today anyway) that if the price does fall substantially next week (and after?) it might be largely due to a manufactured shakeout hoping to scare and liberate recently bought shares from loose holders.
And after the buying impetus of recent weeks that may well be a strategically sensible move to reset ‘base’ prices?

cheers

Expand

Hi Sabine,
I think the Assembler position is CVM related.
It not specific in the position title, CVM is detailed once you click the position.

Cheers
Dr_Dazmo

SMN Price at posting: 79.0¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

HXL

Hexima shares rise 66% on proposed acquisition of AI player Real Thing Entertainment

AAI

NYSE-listed Alcoa Corp joins ASX through key JV acquisition

Acquisitions roundup: European Lithium, Diatreme Resources and SRJ Technologies

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

TRP

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

Quarterly & half yearly reports: Drives Newmont up, Ampol flat, while Fortescue plunges 2.6%

BGL

Bellevue aims for 45% production increase by FY 2028, announces $150M placement

OPL

Opyl forms JV with UK and US consortium to bring products to the world

MM1

Geochemical work at Newington picks up gold and copper anomalies for Midas

PEC

Perpetual sniffs TREOs beyond 4000ppm at Raptor play in Brazil

There are more pages in this discussion • 8 more messages in this thread...

First 25 Last

Add SMN (ASX) to my watchlist

(20min delay)
Last 58.5¢		Change 0.005(0.86%)		Mkt cap ! $80.35M

Open	High	Low	Value	Volume
58.5¢	58.5¢	57.0¢	$11.55K	20.00K

Buyers (Bids)

No.	Vol.	Price($)
1	3808	57.0¢

Sellers (Offers)

Price($)	Vol.	No.
58.5¢	1608	1

View Market Depth

No.	Vol.	Price($)
1	3808	0.570
2	8517	0.560
2	2600	0.555
1	5000	0.550
1	33358	0.540

Price($)	Vol.	No.
0.585	1608	1
0.590	5000	1
0.595	20020	1
0.600	4144	1
0.610	10000	1

Last trade - 16.10pm 26/07/2024 (20 minute delay)

SMN (ASX) Chart

Ann: Appendix 4C and Quarterly Update, page-25

Hexima shares rise 66% on proposed acquisition of AI player Real Thing Entertainment

NYSE-listed Alcoa Corp joins ASX through key JV acquisition

Acquisitions roundup: European Lithium, Diatreme Resources and SRJ Technologies

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

Quarterly & half yearly reports: Drives Newmont up, Ampol flat, while Fortescue plunges 2.6%

Bellevue aims for 45% production increase by FY 2028, announces $150M placement

Opyl forms JV with UK and US consortium to bring products to the world

Geochemical work at Newington picks up gold and copper anomalies for Midas

Perpetual sniffs TREOs beyond 4000ppm at Raptor play in Brazil

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Appendix 4C and Quarterly Update, page-25

Top Stories

Hexima shares rise 66% on proposed acquisition of AI player Real Thing Entertainment

NYSE-listed Alcoa Corp joins ASX through key JV acquisition

Acquisitions roundup: European Lithium, Diatreme Resources and SRJ Technologies

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

Quarterly & half yearly reports: Drives Newmont up, Ampol flat, while Fortescue plunges 2.6%

Bellevue aims for 45% production increase by FY 2028, announces $150M placement

Opyl forms JV with UK and US consortium to bring products to the world

Geochemical work at Newington picks up gold and copper anomalies for Midas

Perpetual sniffs TREOs beyond 4000ppm at Raptor play in Brazil

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News