Another great update. Patience is key with SMN from here in.
My only disappointment - I would have liked to see some revenues from the military helicopter program - obviously this was done without charge as a testing regime.
I suspect the holding pattern will continue, perhaps with some tree shakes along the way, until the conference call next month.
Caution is warranted IMO because this company will be increasingly valuable in times ahead, and it is virtually impossible for anyone to take a large position without sending the SP rocketing. Look at the volumes - tiny, if someone wants in with $5m how can they? No more share issues so they can't go asking for placements... not enough shares for sale... It's tightly held for a reason.
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Mkt cap ! $78.29M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 23810 | 57.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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58.0¢ | 13500 | 1 |
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No. | Vol. | Price($) |
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2 | 23810 | 0.570 |
2 | 14000 | 0.530 |
1 | 10000 | 0.525 |
2 | 26339 | 0.520 |
1 | 5000 | 0.500 |
Price($) | Vol. | No. |
---|---|---|
0.580 | 13500 | 1 |
0.630 | 6837 | 1 |
0.650 | 9109 | 1 |
0.690 | 6000 | 1 |
0.705 | 10000 | 1 |
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