SMN 0.00% 55.0¢ structural monitoring systems plc

I'm still looking at two years before cash flows. Anodyne is a...

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
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,134 Posts.
    lightbulb Created with Sketch. 182
    I'm still looking at two years before cash flows. Anodyne is a small Mum's and Dad's operation by any sense of the word which is why it's an easy buy (and I think an astute buy). Revenue will come from Anodyne's current core business which is profitable but larger revenues predicted from the sale of CVM will still take a while. I still don't believe anything management says until cash flows. For example: 6 to 7 million dollars from Delta..... I want to see it before they win back my trust.

    As for the uptake... Have a look at how much existing insiders have stuck in.... I'd guess about a quarter of what they took out during the up and downs.

    Watch the share price for a true indication of what's going on. (Example: Shares price before and after Delta announcement tells us what the "company making announcement really means)

    My (usual) pessimistic take. Good luck to all.
 
watchlist Created with Sketch. Add SMN (ASX) to my watchlist
(20min delay)
Last
55.0¢
Change
0.000(0.00%)
Mkt cap ! $76.23M
Open High Low Value Volume
55.0¢ 55.5¢ 54.0¢ $22.95K 41.78K

Buyers (Bids)

No. Vol. Price($)
1 10847 54.0¢
 

Sellers (Offers)

Price($) Vol. No.
55.0¢ 932 1
View Market Depth
Last trade - 14.48pm 06/11/2024 (20 minute delay) ?
SMN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.