The quarterly report, due out tomorrow & may not be viewable until Friday, should be rather informative.
One thing I will be looking for is the revenue from Anodyne & the degree overall costs are being covered by its profitability.
SMN will have incurred additional cost as a result of Anodyne employing additional staff to ensure a smooth roll-out of the sensors when full production commences.
This could mean that any prolonged wait until CVM approval will not be costing the company too much money & should put a floor under the share price.
It has been mentioned previously that there are options that expire shortly & that it would be advantageous for other shareholders if approval was not granted until about April meaning the options would expire without being exercised & the number of shares on issue would remain as they currently are.
Further commentary on the wait for approval would be welcome & more information on the guidance from Boeing, that is overdue, that will enable Delta to make a final determination regarding the installation of sensors on its fleet.Â
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