Bettercallsoul, you should get your facts straight.The $20.00...

Bettercallsoul, you should get your facts straight.

The $20.00 call is not for next year but when FAA approval has been given, contracts with several tier 1 airlines have been signed & sensors have been fitted to the airlines' entire fleet. This will probably take a number of years.

If, as is likely, Annodyne business makes SMN cash flow positive, there will be no need for raising any more capital.

There have been no free shares issued. Directors have received share based performance rights in lieu of cash. Do you understand. The directors have received no money.

As I posted previously, SMN should be at least $20.00 per share when earning get to $80 million & the P/E is 30. Do your maths.

I believe the reason for the recent SMN share price rise is that U.S. airline stocks have made significant gains in the last few days & that is based on the likely hood of commercial flights resuming with possibly some restrictions. Not only have airline stocks surged but Boeing's share price has also recovered dramatically.