SMN 2.08% 47.0¢ structural monitoring systems plc

Again I repeat what Toby said at the A.G.M. He expected all...

  1. 542 Posts.
    lightbulb Created with Sketch. 7
    Again I repeat what Toby said at the A.G.M.

    He expected all applications to be approved within a matter of weeks or months.

    This is only his expectation of how long it would take.

    I would suggest that an approximate time to start expecting some action would be May, at the earliest & it could be even September with patience starting to run out by December.

    It is no fault of Toby's that is taking so long, it is a lengthy process with many i's to be dotted & t's crossed.

    Even if this takes until next year, the ramifications should be enormous. This is a once in a lifetime opportunity & I am not selling anything under $5.00 & even then I would only consider selling less than 10% of my holding. Another 10% might be sold if we get around $20.00 but the rest will be kept for the return of capital & dividends.

    You might say that I am rather positive in my expectation of the outcome.
 
watchlist Created with Sketch. Add SMN (ASX) to my watchlist
(20min delay)
Last
47.0¢
Change
-0.010(2.08%)
Mkt cap ! $105.3M
Open High Low Value Volume
45.0¢ 47.0¢ 45.0¢ $28.13K 61.92K

Buyers (Bids)

No. Vol. Price($)
1 20000 45.0¢
 

Sellers (Offers)

Price($) Vol. No.
46.5¢ 10000 1
View Market Depth
Last trade - 10.31am 13/12/2024 (20 minute delay) ?
SMN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.