Greenone, there comes a time when the operation of the machine becomes so odious, that it will break your ability to learn and move on.
If you understand business mathematics then the wait and noise will become NON deafening and a NON event as you are in control of your destiny.
If you are chasing a quick profit contact the king of Day Traders.
Please note this undisputed fact : A company salary worker way back in Westframers early years accumulated about 1.5 million shares over decades. When he passed away it was made public that his "Dividends " alone, was paying a yearly return over $3 million dollars!
Let that sink in. Also demand any day trader who speaks to you to illustrate his yearly profit return. If he cannot give you this undeniably figures of return, then you know he is telling you lies!
So whats it going to be? A life chasing peanuts or a career built over decades in retirement with real wealth returns.
In my opinion over the next 2 years or so we could expect IF SMN finally gets the APB approval hopefully by first quarter next year 2025. Fast forward to first quarter of 2027 then we could see a share price between $3.50 to $4.50? A market cap of approximately above $500 million.
Take current tech stocks on ASX with market caps of $350 million on very little revenue and major cash being eaten up year in year out and NOBODY saids a word.
Shareholders in these stocks NEVER talk about earnings per share as their only concern is the future of the company making announcements after announcements and earnings is the very last outcome!
HENCE WHY nobody on the planet can answer this question.
Why is it great investment when buying stocks with little to no earnings with Market Caps above $350 million up to $1 plus billion dollars with massive Cash Burn rates up to 30 plus times SMN?
BUT SMN is 10 times overvalued at $60 million dollars because the market cannot see or understand this business. The market cannot understand the MOAT this business will have. Every trading house in the World has SMN with ZERO MOAT!
Talk about bloody idiots talking rubbish. Never underestimate the stupidity of the Corporation World.
Wake up or Sell out. END OF STORY.
Good luck
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49.0¢ |
Change
0.010(2.08%) |
Mkt cap ! $72.01M |
Open | High | Low | Value | Volume |
49.0¢ | 49.0¢ | 47.5¢ | $164.4K | 339.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 10801 | 48.0¢ |
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Price($) | Vol. | No. |
---|---|---|
49.0¢ | 20549 | 1 |
View Market Depth
No. | Vol. | Price($) |
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3 | 10801 | 0.480 |
1 | 2428 | 0.475 |
2 | 60000 | 0.470 |
2 | 42429 | 0.465 |
3 | 75000 | 0.450 |
Price($) | Vol. | No. |
---|---|---|
0.490 | 20549 | 1 |
0.495 | 19942 | 1 |
0.500 | 68565 | 2 |
0.515 | 13182 | 1 |
0.520 | 94395 | 4 |
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