What are the odds?

The odds of SMN being priced on the AEM business with no CVM input after rejection by the FAA would be a minimum of 20-1 & possibly 100-1.

In that instance the AEM business alone should command an SMN share price of over 20c up to 40c per share.

The odds of SMN receiving FAA approval should be a minimum of 20-1 on or in other words almost a certainty.

Once SMN obtains FAA approval the share price should escalate dramatically to initially at least $2.00. Then Delta will pay SMN for installations already performed - another minimum 50c on the share price to $2.50. Delta then starts to fully fit out their fleet with sensors, add another 50c - $3.00.
SMN contract to fit out the fleet of another tier 1 airline - add $1.00 - $4.00. SMN starts contracting other airlines - add $1.00 - $5.00. SMN report significant profit - add $1.00 - $6.00. SMN to return capital to shareholders in lieu of dividend - add $1.00 - $7.00. One year later SMN profit grows substantially & return to shareholders increases substantially & SMN moves into ASX All Ordinaries Index - add $3.00 - $10.00.

In following years SMN share price increases as does the market cap & the Index Funds are forced to buy as a result of being in the relative indices.

When earnings reach $85 million based on a P/E of 30, the market cap should be over $2.5 billion & a share price in the vicinity of $18.00 on the basis of the current number of shares on issue.

I believe my initial projections of price increases is conservative.

The odds of SMN share price being around 30c in 5 years' time would be a minimum of 20.1.
The odds of SMN share price being over $5.00 in 5 years' time would be 20.1 on.

The current share price of 55c is a joke. You have a 20-1 on chance of making a minimum of 800% profit on the share price in 5 years.

This is like having a 20-1 on chance in a two-horse race at odds of 800-1.

Is there any other stock in the ASX with better prospects & better potential return? I think not.