SMN 29.4% 44.0¢ structural monitoring systems plc

Ann: Appendix 4C and Quarterly Update, page-9

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    EBITDA of $0.35m for the quarter is $1.4m on an annual basis.

    This is $0.01 per share.

    If SMN earnings were $1.4m or $0.01 per share, the share price on a P/E of 30 would be $0.30. This would be the value of AEM without the added potential of earnings from CVM.

    Just an observation of what could be in store for SMN shareholders when final approval is obtained.

    Revenue & earnings will be in many millions of dollars when sensors can be applied to aircraft with FAA approval.
 
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