SMN 0.00% 58.0¢ structural monitoring systems plc

Yes very likely if the SP moves within range.For the first time...

  1. 3,097 Posts.
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    Yes very likely if the SP moves within range.

    For the first time in a long long while, we seem to have a seriously firm date for a decision.

    Any sellers would be punting on an adverse decision. Hence the lack of sellers. Some sellers who bought in the mid to high 30’s may be happy with a quick profit. Not many in my view as they could be forgoing a considerable further gain.

    On the other side of the coin, is just how many buyers turn up before the decision, and just how much they are prepared to pay.

    I for one am not chasing this higher as I have more than enough exposure already. I wonder how many other long term holders are in the same boat. I suspect that much of further drive upwards will be powered by newbies taking a risk and/or someone serious finally taking a position.

    In my view into the. 60’s seems likely, but unsure about higher than that.

    We shall see. Not long to wait.

    cheers Lies


 
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