Have a look at the chart for MVP who just received FDA approval in the U.S. for trials of their green whistle.
The shares are up 34% or $1.16 TODAY.
Imagine what SMN share price will do when it gets FAA approval. The FAA approval to SMN is far more valuable than FDA approval to MVP.
MVP already export to the rest of the world & the U.S. has been delaying for years. The MVP trials will commence later this year & take 2 years to complete, yet the shares are up 34% today as a result of the announcement.
FAA approval for SMN will be company making & far more lucrative than today's announcement for MVP.
Ann: Appendix 4D & Half Year Report, page-43
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Last
40.0¢ |
Change
0.020(5.26%) |
Mkt cap ! $54.72M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 40.0¢ | 38.5¢ | $86.35K | 219.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 60000 | 38.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 2559 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| SMN (ASX) Chart |