SMN 2.78% 37.0¢ structural monitoring systems plc

Cash Flow Positive, page-75

  1. 4,559 Posts.
    lightbulb Created with Sketch. 1793
    Yes Tgent I agree that the trading games continue, the last 40 minutes, plus 10 mins match up, seems there remains someone trying to sell down (I really can't understand why!), but if there weren't sellers we wouldn't be able to top up! The match up propped the share price to disguise the selling IMO.

    When the next positive announcement comes I'd think those considering selling will re-think the strategy. Maybe the view is that the next significant announcement is still a way off in the future. I'm of the view that it'll be in this current quarter so it's hard to build a reasonable position quickly without affecting the buy-in price. And I agree with others that having a couple hundred thousand will provide a comfortable pension, both capital growth plus dividends.
    Last edited by longreach: 07/08/19
 
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