They couldnt go on paying management with shares forever, and to pay for new staff. The sensor revenues wont come for a while.
73 cents or market cat 118m is enough for now I believe. They seem confident in FAA approval of sensors in their wording. If FAA dont approve the share price is 50 cents.
Ann: Company Update & Capital Raising, page-41
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Last
72.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $98.89M | |||
| Open | High | Low | Value | Volume |
| 71.0¢ | 72.0¢ | 71.0¢ | $31.59K | 44.41K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2067 | 71.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 72.0¢ | 10473 | 1 |
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| Last trade - 15.48pm 09/08/2024 (20 minute delay) ? |
| SMN (ASX) Chart |