SMN 2.21% 69.5¢ structural monitoring systems plc

I think you are very overly optimistic Lets say a 737 costs...

  1. 1,317 Posts.
    lightbulb Created with Sketch. 338
    I think you are very overly optimistic
    Lets say a 737 costs $80m. (This is about the list price I believe airlines get a big discount) and
    the plane lasts 20 years.

    An airline might expect 10% on investment (high at the moment of low interest rates) so would want to
    make $8m per year and write of $4m per year i.e. total sum of .$12m/per year
    Divide this by 365 =$32876 per day.

    Okay you have to hire a hanger and pay people to do the maintenance but offsetting this you can do
    the inspection during a period of low aircraft requirements
 
watchlist Created with Sketch. Add SMN (ASX) to my watchlist
(20min delay)
Last
69.5¢
Change
0.015(2.21%)
Mkt cap ! $95.46M
Open High Low Value Volume
68.0¢ 70.5¢ 68.0¢ $12.76K 18.23K

Buyers (Bids)

No. Vol. Price($)
1 5868 69.0¢
 

Sellers (Offers)

Price($) Vol. No.
70.0¢ 2500 1
View Market Depth
Last trade - 12.57pm 27/08/2024 (20 minute delay) ?
SMN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.