SMN 5.26% 40.0¢ structural monitoring systems plc

Ann: Appendix 4C and Quarterly Update, page-31

  1. 128 Posts.
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    @redgum the Eagle acquisition never made sense to me - sure maybe it's good growth for the Aem business but was it worth spending the cash and potential dilution as we flirt with another cash raise?

    however in view of your Boeing comment, I wonder if management have had to really show the SMS/Aem business is self sustaining (not going anywhere) not going to sell its CVM tech in a fire sale, and in fact this has been the entire motivation behind the Eagle / Aem expansion all along....?

    I hope we are in the hands of good management and are well positioned to negotiate in the best interest of long suffering shareholders !
    Last edited by Jm1981: 29/04/23
 
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