Sabine,
Great comment. It's a complete joke.
"Profit of $820,000 over the last three months for a public company that’s been listed in Australia for almost 20 years, with an operations base making radio equipment in Canada is kind of hilarious when I consider it, but at least it IS profit, and I like that last sentence from Ross above about .ie finally - after almost two decades - a company leader of SMN is able to use the words “sound” and “sustainable”.
Plus, the unresolved certification issue, the need for a timeline update, and the lack of revenue are potential concerns for the company. The softening process continues. New Investors and stakeholders are unlikely to be interested until further details and clarity on how the company plans to address these challenges. In all, it's another big negative. Reinforcing my Sell rating.
Montthly doji close . keys numbers on the close 43.5 and 52. Expect consolidation and range trading relivant to the spread at the time.LMAO.
The suggestion that an $820k profit makes a takeover unlikely. Let's be realistic; if Boeing had serious interest, financial figures alone wouldn't deter them. Boeing are a little bigger than the 12inchs ffrom ear to ear.![]()
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Sabine, Great comment. It's a complete joke. "Profit of $820,000...
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