SMN 5.26% 40.0¢ structural monitoring systems plc

My take on the situation last year Bob, is that the American...

  1. 246 Posts.
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    My take on the situation last year Bob, is that the American investors (Drake) were trying to get a big parcel of the company for nothing and the price action around that time was all a power struggle between a few of the bigger groups that resulted in the directors getting a shake up.

    The volume behind price action on this stock is so small that I don't really believe you can use it for any kind of analysis (fundamental or otherwise) because even on a very conservative P/E we should be HEAPS higher on the subsidiary company earnings alone.

    Honestly, I think this is one of the most manipulated shares that I hold.
 
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Last
40.0¢
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Mkt cap ! $54.72M
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39.0¢ 40.0¢ 38.5¢ $86.35K 219.2K

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2 60000 38.0¢
 

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Price($) Vol. No.
40.0¢ 2559 1
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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