SMN 0.99% 50.0¢ structural monitoring systems plc

Support level, page-22

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    My post, 35967399 on 2nd October, suggested a level of support would occur at $1.04. So far the share price has twice bounced off $1.045 & the second time rose to $1.11 before now hitting & holding support at $1.04 except for a single trade of 18 shares at $1.035.

    As reasonable support appears to be holding at $1.04, a buy at $1.05 would appear to be prudent.

    My holding is over a quarter of a million shares & I believe I have sufficient for when the upward surge occurs but if you intend to buy more, you may not get a better opportunity as we right on the support level.
 
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