SMN
Click for more information
2.56% 57.0¢ structural monitoring systems plc

Ann: Extension to voluntary suspension, page-8

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
TRADE NOW
TRADE NOW
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
TRADE NOW
  1. Pardner
    1,821 Posts.
    lightbulb Created with Sketch. 131
    clock Created with Sketch.
    12/10/21
    10:16
    Post #: 56730218
    It's not the extension per se.

    Last Wednesday SMN management requested a trading halt for 2 days.
    On Friday they extended it for 1 trading day to Monday.
    On Monday they extended it again for one day.
    ....and today they extended it again..

    That IS the issue.

    Something changed! I suspect a regulator told them they could not raise capital at a 35% discount to the market and management have tried to renegotiate the terms of the cap raise with the institutional investors.

    SMN Price at posting: 97.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

MTL RC Drilling has commenced at Roberts Hill and Mt Berghaus
right-arrow Created with Sketch.
NEWS Drilling to kick off at high-priority Bara Creek Prospect, targeting a promising epithermal system near the Bowdens Silver Project
right-arrow Created with Sketch.
NEWS High-grade drilling results at Coda North: impressive intercepts and major milestone achieved
right-arrow Created with Sketch.
NEWS High-grade rare earth and titanium discoveries confirmed from maiden RC drilling at Mata da Corda, highlighting significant exploration potential
right-arrow Created with Sketch.
RCE Phase II clinical trial recruitment for R327G topical gel passes halfway, showing promising results against bacterial skin infections
right-arrow Created with Sketch.
NEWS Exceptional niobium intercepts confirmed at Stinger Discovery – dive into the latest assays
right-arrow Created with Sketch.
watchlist Created with Sketch. Add SMN (ASX) to my watchlist
(20min delay)
Last
57.0¢ 		Change
-0.015(2.56%) 		Mkt cap ! $80.35M
Open High Low Value Volume
57.0¢ 57.0¢ 57.0¢ $1.853K 3.25K

Buyers (Bids)

No. Vol. Price($)
1 250 57.0¢
 

Sellers (Offers)

Price($) Vol. No.
58.5¢ 558 1
View Market Depth
Last trade - 12.26pm 10/10/2024 (20 minute delay) ?
SMN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.