Your optimism underestimates the challenges of transitioning from approval to commercial success. FAA approval is an enabler, not a guarantee, of profitability. Investors will remain cautious until SMN demonstrates measurable progress in contract acquisition, revenue generation, and market penetration. A "flash rise" followed by market correction is plausible without these.
Military applications have been in progress since the beginning. It's nothing new, but you can run on it to create some hype or another one of Justbobs Kmart sales: Buy now!!!! , you will never see these prices again.
S&P macro analysis:
Since 1928, the S&P 500 has entered a bear market 26 times.
The most recent bear market occurred in 2022 when the S&P 500 fell more than 20% due to rising interest rates and inflation concerns.Today’s Market Movement: Flash Crash!!!!!
According to my charts, the market saw a notable drop of 3.95%. If this downward momentum persists, trading below the 4% threshold for two or more days, it could signal the start of a bear market.
Market News:
Wall Street took a significant hit today following the Federal Reserve’s signal of fewer rate cuts next year. The Dow plunged by 1,100 points (source: Barchart).
Portfolio Strategy Update:
About a week ago, I alerted that I was shifting into short positions and hedges. At this point, I’m uncertain about the extent of the market’s follow-through. However, I’m leaning toward the possibility of a much deeper fall—potentially around 40% 2025. Of course, I recognize that I could be completely off in my assessment.
SMN
structural monitoring systems plc
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38.0¢

SMN - Chart, page-3668
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Last
38.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $58.67M |
Open | High | Low | Value | Volume |
39.0¢ | 39.5¢ | 38.0¢ | $72.94K | 187.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 49999 | 38.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
39.0¢ | 53700 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3000 | 0.380 |
1 | 2614 | 0.375 |
1 | 10000 | 0.370 |
1 | 47685 | 0.365 |
2 | 78570 | 0.360 |
Price($) | Vol. | No. |
---|---|---|
0.390 | 70492 | 2 |
0.400 | 1548 | 1 |
0.410 | 80000 | 1 |
0.420 | 2548 | 1 |
0.440 | 4000 | 1 |
Last trade - 16.10pm 23/06/2025 (20 minute delay) ? |
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SMN (ASX) Chart |