SMN 1.74% 58.5¢ structural monitoring systems plc

SMN - Chart, page-3084

  1. 4,616 Posts.
    lightbulb Created with Sketch. 1821
    Any Company that can continually provide newsworthy items, especially items that will increase earnings (and ultimately net profit) should be favoured by investors in a difficult market.

    Ross Love has proven that he's more than capable of capturing an audience with his ASX releases, probably one of the better executives I've come across in that respect. IMO he's been handicapped recently because of the pedantic process Boeing has placed on the Company’s CVM.

    So let's consider what things, and possibly newsworthy items, that is likely to influence the share price over coming months:
    1. Boeing full acceptance of CVM for APB and other applications (soon?);
    2. FAA approval of APB application;
    3- 9?. Up to about 7 separate agreements with individual airlines for CVM APB installations;
    10-13?. OEM's installation, Inc both Boeing and Airbus (and Embraer?) on all new aircraft.

    And then news regarding positive cash flow!

    A lot to look forward to over maybe not such a long time (once FAA approval is announced the announcements could be in quick succession - a lot of the groundwork has already taken place). Therefore anyone selling out once FAA approval is granted probably is selling themselves short!
 
watchlist Created with Sketch. Add SMN (ASX) to my watchlist
(20min delay)
Last
58.5¢
Change
0.010(1.74%)
Mkt cap ! $80.35M
Open High Low Value Volume
59.0¢ 59.0¢ 56.5¢ $34.62K 60.31K

Buyers (Bids)

No. Vol. Price($)
1 3500 56.0¢
 

Sellers (Offers)

Price($) Vol. No.
59.0¢ 2178 2
View Market Depth
Last trade - 15.48pm 19/07/2024 (20 minute delay) ?
SMN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.