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...
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Last
$191.09 |
Change
-0.310(0.16%) |
Mkt cap ! $320.2B | |||
| Open | High | Low | Value | Volume |
| $190.49 | $191.88 | $190.26 | $96.74M | 506.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20 | $191.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $191.11 | 50 | 1 |
View Market Depth
| Last trade - 11.36am 26/06/2025 (20 minute delay) ? |
| CBA (ASX) Chart |