SMN 3.64% 53.0¢ structural monitoring systems plc

How long ?, page-392

  1. 992 Posts.
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    I guess no one knows how much they will adopt the technology until its released to market. They are incentivized to adopt the technology though (discounted sensor prices compared to other customers, no annual licensing fee like other operators will have to pay and a percentage of all sales to other operators will go to Delta) - so in a business sense you would think Delta would be pretty keen to uptake it.

    Delta have put a lot of work into implementing CVM into their maintenance of aircraft over the years so I'm thinking its a bit late for them to turn around and pack it in. Especially with the contract they have signed with SMN.

    But don't go relying on what other people say on Hotcopper. Read through all the quarterlies and do your own research on the company and make sure you are comfortable with your investment if you decide to do so.

    Last 6 months:
    Delta Announcement
    AEM buyout
    Large Capital Raising - Toby Chandler puts a 1million dollars in.

    and an aggressive sell down! go figure! Only my opinion but I think we may be close. I want the Top 20 now to confirm if Toby is still buying.
 
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