Hi MaccaI have never seen remarkable rises in share price...

Hi Macca

I have never seen remarkable rises in share price without some pull backs along the way.. You need the pull backs to shake out weaker holders to set up the next push upwards. I have seen a number remarkable stock rises in disruptor stocks

My son went to work with MSFT in Seattle 2011 the Share price was $25 and today its $284, an incredible rise, but have a look at the chart and you will see a number of significant pull backs along the way. It the nature of the markets

So I had a quick look at APT chart . It did not go straight up there were a number of significant pullbacks. I have included a chart..

* week 5 July 2020 high 76.62 fell to a low of 65.53 in the week 2 Aug ( a 14.5 % pullback)

* week 23 Aug 2020 high 95.97 fell to a low of 70.06 in the week 6 Sep ( a 24% pullback)

* week 18 Oct 2020 high 105.80 fell to a low of 89.27 in the week 8 Nov ( a 15.7% pullback)

That 24% pullback would have been a worry to live through if you were a holder

Back to SMN , FAA approval will cause an initial stir , but then investors will want information on the instillation deals , who we a dealing with , how many aircraft and timing , contract installation pricing and annual licencing fees ,etc

So I suspect that we will go through a series of upwards steps with pull backs. I can't see a rush to 1.50 just on the back of FAA approval in the short term.

Just my opinion , as always DYOR.

cheers Lies