Yep I can't see Drake selling a single share pre FAA approval to be honest.
As much as FAA accreditation is not a GIVEN... In my own mind I have said it is... too many hints the past few years to flag that it will happen.
I think the price would react badly if Drake were to start offloading so I highly doubt they will any time soon... considering Drake do have a massive holding (~$12M AUD) and SMN is not exactly a quick stock to off load a large parcel from, they would not be able to off load without substantially pushing the price down, hurting themselves in the process.
I have no intention of selling SMN until FAA is all systems go. Will be a wild ride in the meantime but those strapped in should be rewarded handsomely in time.
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Last
71.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $97.52M |
Open | High | Low | Value | Volume |
71.0¢ | 71.0¢ | 71.0¢ | $452 | 637 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 67.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
70.0¢ | 1150 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 0.675 |
1 | 10000 | 0.670 |
1 | 4500 | 0.665 |
1 | 14500 | 0.650 |
1 | 10000 | 0.640 |
Price($) | Vol. | No. |
---|---|---|
0.705 | 15000 | 1 |
0.710 | 35500 | 2 |
0.715 | 12121 | 1 |
0.720 | 24473 | 2 |
0.730 | 13487 | 1 |
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