Soon the coin is coming, page-30

As a mere calculation of the potential SMN share price based on the 134,837,032 shares on issue (rounded to 135 million), on a P/E of 30 the share price would be 40.5 cents for each cent of earnings.

Consequently, earnings of $1.35 million on a P/E of 30 = a share price of $0.405. This also means earnings of $13.5 million would have a share price of $4.05 & earnings of $85 million would have a share price of $25.50.

The above are purely mathematical calculations that indicate the huge potential of SMN once they have that final approval.

I stress the point that these are only calculations of what might be possible.

It is likely that once approval has been obtained, SMN will probably have a share issue at a price per share considerably higher than the current price. That share issue will totally distort the above calculations but by buying before approval will be a lot cheaper than after approval.