SMN structural monitoring systems plc

Ann: Change of Director's Interest Notice, page-9

  1. 778 Posts.
    lightbulb Created with Sketch. 153
    So, since the 8th May, Heinrich Loechteken has purchased 765,316 shares on market at a personal cost of $373,350, and Ross Love has purchased 195,000 shares at a personal cost of $76,675. In my opinion, this is a major statement to the market that both Heinrich and Ross believe the current share price is a lot lower than what they believe SMN’s true potential to be.

    Both men possess the inside knowledge of ongoing strategy, a real time understanding of where the APB approval is at, and also what SMN is targeting in regard to
    “progress of two potential acquisitions in these key sectors and to fund new product”, as stated in the latest quarterly report.

    For me, the on market purchases from Heinrich and Ross gives me a barometer for how the company sees its potential internally, and further confidence that substantial growth is expected in the not too distant future. For long term (tortured) investors like me, it’s great news. Additionally, the timing of these purchases also signal to me, that the window of safe purchases for both men is now.

    My best wishes to all shareholders on this forum
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
53.0¢
Change
-0.040(7.02%)
Mkt cap ! $81.83M
Open High Low Value Volume
57.0¢ 57.0¢ 52.5¢ $15.37K 28.58K

Buyers (Bids)

No. Vol. Price($)
1 3949 52.5¢
 

Sellers (Offers)

Price($) Vol. No.
55.0¢ 10477 1
View Market Depth
Last trade - 15.57pm 31/07/2025 (20 minute delay) ?
SMN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.