SMN 20.3% 55.0¢ structural monitoring systems plc

How Long Is A Piece Of String, page-20

  1. 4,792 Posts.
    lightbulb Created with Sketch. 1890
    Just consider this:
    If someone wanted a particular technology, but needed to control a company to get hold of it, how would they get it?
    If they approached the major shareholder, and said: "lets cut a deal". First strategy was to try control the company holding the technology. That came close, but it didn't work.
    Next move - dump shares, and hold it down, causing all other shareholders to consider getting out in case it crashes and burns.

    I'm not saying this is what's happening, but its a possibility IMO.
 
watchlist Created with Sketch. Add SMN (ASX) to my watchlist
(20min delay)
Last
55.0¢
Change
-0.140(20.3%)
Mkt cap ! $75.54M
Open High Low Value Volume
59.0¢ 59.0¢ 52.0¢ $131.8K 237.9K

Buyers (Bids)

No. Vol. Price($)
1 15744 54.0¢
 

Sellers (Offers)

Price($) Vol. No.
55.0¢ 20769 1
View Market Depth
Last trade - 16.10pm 05/11/2024 (20 minute delay) ?
SMN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.