Great post Redgum
It strikes at the heart of the aviation industry , which is going through hard times right now, offering bargain acquisitions in our region of operation in Canada. More bolt on acquisitions?
As far as to the FAA none adoption of CVM's for the WIFI application is almost nonsensical. Both parties have invested so much resources into this project that can protect both crew , passengers and airlines , from a failure. On top of this reduce the costs of inspections.
It will happen, but its a question of when. FAA is a big government agency.
I have no idea of the number of departments within the FAA that have to sign off for the very first application of CVM technology in front of the existing visual inspections. Red tape takes time to protect their arses.
Sadly I am beginning to think that the progress of SMN will again take more time. I hope that I m wrong.
This is tough stock to hold, but I don't doubt the future prospects.
Just my opinions , as always DYOR
Cheers Lies
Great post RedgumIt strikes at the heart of the aviation...
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Last
44.0¢ |
Change
0.100(29.4%) |
Mkt cap ! $60.19M | |||
| Open | High | Low | Value | Volume |
| 39.5¢ | 47.5¢ | 39.5¢ | $222.5K | 513.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2409 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 9619 | 1 |
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| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
43.0¢ |
Change
0.100 ( 29.4 %) |
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| Open | High | Low | Volume | ||
| 41.0¢ | 47.5¢ | 40.0¢ | 88874 | ||
| Last updated 15.53pm 06/06/2024 ? | |||||
| SMN (ASX) Chart |