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5.95%

44.5¢ structural monitoring systems plc

I agree we will be lucky to have consective years of real income...

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Poseidon 1945

1,128 Posts.

148

31/03/18

18:11

Post #: 32152876
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Originally posted by rogues ↑

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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I agree we will be lucky to have consective years of real income before this company becomes a different identity

SMN Price at posting: $1.00 Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 44.5¢		Change 0.025(5.95%)		Mkt cap ! $57.69M

Open	High	Low	Value	Volume
41.5¢	44.5¢	41.5¢	$40.59K	96.34K

Buyers (Bids)

No.	Vol.	Price($)
1	2897	44.0¢

Sellers (Offers)

Price($)	Vol.	No.
44.5¢	1765	2

View Market Depth

No.	Vol.	Price($)
1	3264	0.440
1	28087	0.430
1	50000	0.420
2	6493	0.390
1	20000	0.380

Price($)	Vol.	No.
0.445	3021	2
0.450	9421	2
0.460	20000	1
0.480	10000	1
0.500	1020	1

Last trade - 15.11pm 05/07/2024 (20 minute delay)

SMN (ASX) Chart