I would suggest SMN is in a wave 2 of a larger degree 1st wave.
Based on a potential P/E of 30, with about 138 million shares on issue earnings of $85 million would bring in a share price of over $18.00. That is purely a mathematical calculation, but the potential is there for that number to be exceeded.
Current share price $0.585, potential over $18.00.
FAA approval estimated to be about February although they do take their time.
Overpriced CBA money looks a better bet at SMN.
For what it is worth, I own 430,000 SMN & will only sell about 5% when well over $5.00 & holding the rest for future dividends.
CBA, closing in on a double top, looks scary.
I would suggest SMN is in a wave 2 of a larger degree 1st...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$188.13 |
Change
3.780(2.05%) |
Mkt cap ! $314.8B | |||
| Open | High | Low | Value | Volume |
| $185.19 | $188.60 | $184.95 | $412.8M | 2.201M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 125 | $187.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $188.13 | 150 | 1 |
View Market Depth
| Last trade - 16.18pm 24/06/2025 (20 minute delay) ? |
| CBA (ASX) Chart |