Hi Powerage, Great to hear from you. Like yourself, I have been accumulating since early 2014. If you do the math, 6 years x 25,000 shares (Ave) purchase each year over those six years will put you well and truly into the Top 100.
I believe a shareholding around the 150k will put you in the Top 90s. As you are aware there are many different strategies at play when to buy or not to buy shares of XYZ company. Unfortunately for a few of us who started to increase our buying in later 2015 and early 2016, on the proviso that the deal was going to happen late 2016, early 2017 have been found wanting. So here we are now, some 4 years on since 2017 (next week) we do have a favorite strategy that will undoubtedly serve us very well.
You see it goes like this, as soon as we get any news update with FAA projections to accreditation of acceptance of CVM as an alternative maintenance procedure for the first application being the WIFI deal with Delta Airlines, then all bets are on. Can you imagine the massive alert around the world to every broker/Institution house and the massive interest this will create from buyers wanting shares in SMN?
SMN Price at posting:
43.0¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)