SMN 2.08% 47.0¢ structural monitoring systems plc

SMN subsidiary Anodyne appoints distributor for South America, page-12

  1. 542 Posts.
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    All this sounds great but don't we only currently own a slice of this company with a full purchase over a number of years?

    These statements are all based on Anodyne sound technology and may just form part of the companies normal revenue stream (their funnel). This would mean the amounts contained in them are not material to SMN and so not announced.

    If SMN started making announcements based on speaker installations rather than CVM we might end up with more of a negative result than a positive as a 10 million dollar company is making more money than the asx listed parent technology with the $113000000 cap.

    Be careful what you wish for.
 
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