Aircraft anti-crack technology company Structural Monitoring Systems continued its stellar share-price run yesterday after declaring it was ready to “exploit” commercial opportunities.

The company, which has its headquarters in Claremont but is focused on the US, has been one of the best performers on the Australian Securities Exchange over the past 12 months and yesterday added a further 7¢ to close at $2.68 — just off its all-time high of $2.91 hit last week.

The company’s share price was sitting at 51¢ this time last year, meaning yesterday’s closing price equates to a 425 per cent rise over 12 months.

But it has been a long time coming for the company. The brainchild of former Ansett pilot Ken Davey, its … Read the full article at: