With revenue running at C$3.5 million per quarter, annualized at C$14 million, SMN already has a survivable business.
The CVM sensors for aircraft will be the icing on the cake & other possible applications including bridges will be future revenue streams.
This means that as long as SMN has a survivable business there is little downside risk & an enormous upside potential. I would suggest that any buying of SMN shares at today's prices will achieve substantial profits with minimal risk.
If the unthinkable happens & applied for applications are rejected then the business will still survive & other applications can still be targeted.
This is like having your money on a Winks at double-figure odds with a guarantee of money-back at any time during running.
Where's the 4C?, page-24
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SMN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
71.0¢ |
Change
0.020(2.90%) |
Mkt cap ! $97.52M | |||
| Open | High | Low | Value | Volume |
| 70.0¢ | 71.0¢ | 67.5¢ | $57.08K | 82.73K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1190 | 70.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 71.0¢ | 57336 | 3 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| SMN (ASX) Chart |