SMN 0.00% 37.5¢ structural monitoring systems plc

Value Upon Approval

  1. 74 Posts.
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    Good morning fellow believers,

    I am curious to know what the general consensus is regarding the share price response to FAA approval that we have all been so patiently waiting for.. I tend to think that much of its current price is contingent upon the approval being granted anyway. As a 5+ year holder (not sure if that's considered mid or long term) I sense that it is being propped up only by those of us that are in too deep and can't bear the thought of selling only to see it skyrocket back to $2-3 in quick time. So, what will the effect of approval have on the SP without contracts for installation and monitoring? From what I have read on numerous threads here those forecasts are speculative at best and the calculations are based upon opinion and hope rather than concrete industry data.

    Have a great weekend everyone

 
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