Today was a very important day, from which we can all learn things about SMN But it was set up by some information that we've all been pondering about with regard to the Smart Sensors. And once again RL has proven himself to be a wonderful communicator.
Looking back now we have probably benefitted immensely by the clean out caused by the Drake chaos.
So as it stands now SMN has a fantastic communicator as Executive Chairman, a cohesive and aviation-savvy board, a profitable and still growing AEM wrt its audio and other avionics business, and a highly valuable fledgling CVM business.
The fact that Delta has paid $65,000 per kit, on a special discount arrangement, proves that CVM sales once established for the broader aviation market, will become a highly profitable business for SMN.
And most importantly, for anyone who doubts the investment opportunity with SMN, today's performance on a day that was terrible for the majority of the ASX, proves that SMN is a bargain now, and will likely move appreciably higher once the FAA approval is announced - and that could be just over a month from now!
Anyone who decides to sell now really must have rocks in their heads IMO.
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