Biggest Dividend Yield on ASX, page-4

Hi Wild Man, I dont' think you've missed anything. TC stated the company will run at very similar operating expense as it currently runs (which is next to nothing). I can only make sense of the "Highest Dividend Stock" because of the huge incoming cash and the small number of shares issued (100 mil). If we had twice as many shares issued and each of us immediately held twice as many as we do today, then the dividend figure would be halved. So it's got to do with the low number of shares on issue. Another bonus is that we're not susceptible to market forces ie. the price of iron ore. As Toby has stated - it's almost monopolistic. Kind of too good to be true. I wasn't even interested in investing in the share market until somone forced me to take a look at SMN. What I like about this share is that I don't need to be an expert in the industry to see the potential - all the factors can be researched eg. number of tier 1 airlines etc. The Mac Equities report suggested this is a 1.3B industry and my calculations have supported that figure in a best case scenario (100% uptake) Unless lies have been told somewhere along the line, then this is going to explode and I have a feeling it will be sooner than later. I consider this a sleeping giant, especially since it seems equipment sales will bolster company income immediately, whilst in the background the licensing revenue will ratched up and sustain the share price indefinately. Add to this the airlines industry growing at around 5% a year... Wild Man if you've missed something then I've missed something too!