assuming FAA comes to the party, an OEM DEAL will give analysts...

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18/06/23

17:06

Post #: 68347000
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Originally posted by OptiontraderMGR: ↑

Compint, we do not agree very often but I totally agree with your last statement.

My prediction of share price rise over the next 12 months could get to a high of $3.20. Base purely on history dating back to 2016. However, the difference this time is we will have earnings to back up the share price rise! Followed by more announced deals.

How the market receives the up coming announcement and acts to it is going to be the million dollar question.

The market uses up to 5 years forward looking financial projections.

If the market in general becomes over bullish with SMN financial numbers, then way more powerful sophisticated number crunching firms, are going to take control and drive the value to highs we can only dream of.

Thats why I am a huge fan of Market Caps. Understanding why companies move at different speeds in their acceleration when the share price moves.

For example, and I thank the poster for giving me this stock to valuate and watch. NEU, and in 18 months the share price went from $1.65 to a high of $15.15 on 22/05/23. Closed on Friday @$12.54.

This stock has a great future and very good financials.

However, the share price rose well above the financials hitting the company bank account.

Now I have calculated with an error of safety of 80% due to differences in business sector. Better to have lower expectations to get a more realistic price than to be totally wrong.

So the future SNN share price could hit in the next 18 months if SMN can sign the deals.

The number of shares is similar so take that into consideration
Share price between $5 & $6 is not impossible if SMN can keep increasing sales leading to profitability.

For those that sell out early this time, may not get the same opportunity that presented itself last time in 2016.

Opti

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assuming FAA comes to the party, an OEM DEAL will give analysts 5 year minimum financial projections.

very juicy figures!

SMN Price at posting: 83.0¢ Sentiment: Hold Disclosure: Held
13 Upvote

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(20min delay)
Last 53.5¢		Change 0.030(5.94%)		Mkt cap ! $82.60M

Open	High	Low	Value	Volume
50.5¢	53.5¢	50.5¢	$19.79K	38.68K

Buyers (Bids)

No.	Vol.	Price($)
3	12051	50.5¢

Sellers (Offers)

Price($)	Vol.	No.
53.5¢	4999	1

View Market Depth

No.	Vol.	Price($)
3	12051	0.505
2	14476	0.500
1	1000	0.485
1	200	0.475
1	6000	0.470

Price($)	Vol.	No.
0.535	4999	1
0.545	13000	1
0.550	41395	3
0.585	12008	1
0.590	20000	1

Last trade - 16.10pm 21/07/2025 (20 minute delay)

SMN (ASX) Chart

assuming FAA comes to the party, an OEM DEAL will give analysts...

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assuming FAA comes to the party, an OEM DEAL will give analysts...

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