SMN 2.38% 41.0¢ structural monitoring systems plc

The first commercial deal is close IMO, Watch this re-rate on a...

  1. 1,604 Posts.
    The first commercial deal is close IMO,

    Watch this re-rate on a epic scale once this occurs and rightly so.

    People need to remember just on the IP silo alone now we remain undervalued.

    However once we get the first deal which is likely to be Delta this changes things a lot and i think 600-700 million MC is very reasonable (6-7 dollars per share).

    Here is why...... unlike many other disruptive industries adoption rates for CVM will be fast and i mean very fast. There are no if's but's or maybes for delta's competitors its either they get the technology to match them or watch profit margins slip by the day in a already very competitive low margin industry. They will not last long.

    So on that note the way i expect the market to behave is with anticipation of this adoption rate and give us a MC that reflects that which my by understanding will be 600 to 700 million min.

    enjoy

    Cheers bonkers.
 
watchlist Created with Sketch. Add SMN (ASX) to my watchlist
(20min delay)
Last
41.0¢
Change
-0.010(2.38%)
Mkt cap ! $56.31M
Open High Low Value Volume
41.5¢ 41.5¢ 40.5¢ $5.42K 13.17K

Buyers (Bids)

No. Vol. Price($)
1 1493 39.0¢
 

Sellers (Offers)

Price($) Vol. No.
42.0¢ 55156 1
View Market Depth
Last trade - 12.57pm 03/07/2024 (20 minute delay) ?
SMN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.