Great post as usual SusieQ.
IMO it is more likely the market will wait for confirmation of sales and final approvals before SMN gets its long-awaited rerate ... there are too many who haven't forgotten management's previous promises and timelines.
However, it seems CVM is going to happen ... why couldn't it be within the next 6 months? There is very little downside risk from here, and an astounding upside, so we might be surprised by a flush of new investors and traders to re-energise the jaded holders. If that happens, anything is possible.
If we do have to wait for sales before the SP starts it run, then we will just need to wring out a bit more patience.
Either way, IMO SMN is due to start an extraordinary appreciation in SP... I'm looking forward to seeing the value of my holdings at EOFY2019. GLTA.
Great post as usual SusieQ. IMO it is more likely the market...
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Last
46.5¢ |
Change
-0.005(1.06%) |
Mkt cap ! $63.87M | |||
| Open | High | Low | Value | Volume |
| 47.5¢ | 47.5¢ | 46.5¢ | $1.133K | 2.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17391 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.5¢ | 1342 | 2 |
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| Last trade - 10.41am 12/07/2024 (20 minute delay) ? |
| SMN (ASX) Chart |