SMN 0.51% 48.8¢ structural monitoring systems plc

Webinar, page-66

  1. 1,134 Posts.
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    Kept quiet for a bit so I can't get yelled at for being negative and running the share price down. My take was put forward just after the announcement. This announcement does get the "well before the end of the year...." monkey off the companies back and for that I'm guessing we are all truly grateful. Now the market is simply putting a value on the head of a known company with most shares tightly held by a few large share holders that has no immediate revenue stream to speak of. All of the fluff put out by the marketing division of a large shareholder (Mac Equity) is being treated with the diligence that it should be by the market. Make no mistake. I'm not selling. I think this will grow big time. I'm also not buying what's getting shovelled down our throats as an immediate game changer in terms of share price. The contract is a game changer in terms of the company existing in the future and makes it less of a penny dreadful on my books. The contract is not a licence to print money but I think that will build over time (2 years in my opinion).

    I am still untrusting of the admin and it will not surprise me one bit if some of them sold into the high...... they did it before.... I hope they haven't but where do you think all the volume has come from?
 
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48.8¢
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49.0¢ 14248 1
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