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48.0¢ structural monitoring systems plc

SMN subsidiary Anodyne appoints distributor for South America, page-15

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Hatrack

231 Posts.

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28/02/18

14:26

Post #: 31417051
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Originally posted by Gilant ↑

I think the purchase waa complete but no doubt the bits and pieces will take a while.

The comments by others about the recent distribution agreement are a bit askew as CVM will not be distributed by anyone except SMS.

Anodynes products are avionics not SHM so it makes sense they have a distributor in SA.

CVM needs a licence agreement as well as regulatory and ORM approval for installation so will be dealt with one on one between SMS and the customer whereas avionics can just be sent to the distributor as stock items

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What's everyone make of the recent volume going through?

As JustBob said the open looked strong today but once again there is a shift in momentum. Is it a fund setting up the buy side to look strong so they can sell into and make the share price infact look weak or is it a genuine seller?

SMN Price at posting: 98.5¢ 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¢	58750	2

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 - 16.12pm 12/12/2024 (20 minute delay)

SMN (ASX) Chart