Reckon you are on to it SQ.
From various personal observations -last at AGM I believe our board is "business opportunist" way more than aircraft accessory developers.
It would not surprise me if various prospects are already briefed on possibilities, plans and progress with a view to aligning the SMN offering with a digestible deal.
The deal could be made attractive with an aircraft industry entity through to a fund planning to buy and re-list in another market, but senses inform SMN is running down the diversity track.
First market indication of a match may be a heavy increase in share sales as those in the know on both sides of the deal beef their position.
Current shareholders, may feel wary as I do. On one hand I believe we would be impressed by the deal, on the other, there may be fruit dealt into the deal that benefits a few that are part of the new entity. GLTA
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Last
55.0¢ |
Change
-0.020(3.51%) |
Mkt cap ! $75.54M |
Open | High | Low | Value | Volume |
57.0¢ | 58.5¢ | 53.0¢ | $25.88K | 46.15K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4518 | 55.0¢ |
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Price($) | Vol. | No. |
---|---|---|
61.0¢ | 1000 | 1 |
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No. | Vol. | Price($) |
---|---|---|
1 | 4518 | 0.550 |
1 | 4644 | 0.535 |
2 | 12500 | 0.530 |
1 | 10000 | 0.525 |
1 | 11538 | 0.520 |
Price($) | Vol. | No. |
---|---|---|
0.610 | 1000 | 1 |
0.625 | 9109 | 1 |
0.630 | 6837 | 1 |
0.670 | 1500 | 1 |
0.690 | 6000 | 1 |
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