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48.0¢ structural monitoring systems plc

Personally, in the short term don't be too worried about it....

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OptiontraderMGR

641 Posts.

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09/03/18

10:43

Post #: 31642103
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Originally posted by aurel19672003 ↑

So my example calculation was wrong. That means last year there were plenty of companies from All Ords whose market cap fell under $90 mil and allowed a company like ADJ with a market cap of $90-100 mil to enter All Ords, while this year there were plenty of companies out of All Ords whose market cap grew in excess of $180-$200 mil which kicked out companies like GBT with current MC of $163mil or ISD with current MC of $180 mil.

The question mark remains when the period of calculation is...our SMN has not got any chance with a MC varying between $107-$120mil during febr-march 2018
Brokers have enough computing resources and can look at all companies listed on ASX and see their MC and go long or see the lagging ones from All Ords and go short

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Personally, in the short term don't be too worried about it. Companies like SGH & GSW were added to ASX500.

Their performance over the last few months not so grand.

Revenue + profits the real long term indicator. All I can say is bring it on!

GLTA

SMN Price at posting: $1.10 Sentiment: Buy Disclosure: Held
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(20min delay)
Last 48.0¢		Change 0.000(0.00%)		Mkt cap ! $105.3M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
2	47637	45.0¢

Sellers (Offers)

Price($)	Vol.	No.
47.5¢	57687	1

View Market Depth

No.	Vol.	Price($)
1	16282	0.760
1	10000	0.750
1	15000	0.740
2	32147	0.735
3	12800	0.730

Price($)	Vol.	No.
0.780	603	1
0.785	8569	2
0.790	3693	1
0.800	17083	2
0.810	10000	1

Last trade - 09.48am 12/12/2024 (20 minute delay)

SMN (ASX) Chart

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