SMN 2.61% 59.0¢ structural monitoring systems plc

Ann: Appendix 4C & Company Update - June 2019, page-19

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    Actually one of the reasons for the lost credibility (apart from failure to meet time schedules) was a statement of not requiring any further cap raise, and a few quarters along raised funds! But that capital raise was specifically for acquiring AEM.

    AEM is now a critical part of its business going forward because through AEM it controls its production and cost of production for CVM kit componentry.

    Thus the phrase "never say never" is a lesson learned!

    But for normal business requirements its growing less likely any need for a cap raise.

    I'm excited, its been a long road, but looking ahead its smooth sailing IMO.
 
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