SMN 0.00% 58.5¢ structural monitoring systems plc

Pending FAA Approval, page-308

  1. 1,134 Posts.
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    I'll restate my simplistic conspiracy theory based on the change of heart by a noted poster on these threads (well, previously he posted a lot but is a bit quieter these days).

    The pattern fits a top 20 shareholder currently not on the board wanting a bit more control of day to operations in the same manner that they had in say 2010.

    I think the positioning of Mr Terry Walsh was the start of this change.

    I think that the price is being kept low so that someone can agitate to spill the current executive. The more annoyed the shareholders are with the low price the more this is likely to happen.

    This will only be undone by a cash based announcement that underpins the share price.

    I'm not sure where the price is going so accordingly I'm just holding. Can't top up because I'm not rich.

    Obviously this is just my opinion.
 
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