SMN 3.00% 48.5¢ structural monitoring systems plc

Support Levels, page-899

  1. 1,134 Posts.
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    Thank you for the update geobrand. Good on you for posting it. Given that Bryant Maclarty is probably personally responsible for the upswing in this company since late 2011 I look at this in two ways. 1. Biased as it can be given the number of shares he owns and his position as a shadow director for a period of time. 2. Absolutely spot on and a true position of a flag barer and real believer in this tech. Problem for me is i don't know which position to back. I'm still sticking to my original buy at the old 10c mark ($1.00). Anything below this shows a market that thinks the directors are simply filling their pockets with the 3 million in the bank and are going to run it dry. So for mine if it goes below $1.00 head for the hills as the market thinks they will begin a monetry burn. Just my opinion of course.
 
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