It has been suggested that SMN, through the Anodyne business, should have earnings of around $6 million in the next year or two.
If we examine the situation, without FAA approval & a failed rights issue, we could be looking at earnings of about 5 cents per share. On a Price / Earnings ratio of 30 the share price would be around $1.50.
If the above is reasonably accurate then the current share price should be at least twice its current value, taking in the above projection & the pending FAA approval.
SMN Valuation
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Last
48.0¢ |
Change
0.010(2.13%) |
Mkt cap ! $65.93M | |||
| Open | High | Low | Value | Volume |
| 47.5¢ | 48.0¢ | 46.5¢ | $6.373K | 13.48K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17391 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 4648 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| SMN (ASX) Chart |