SEN 0.00% 1.3¢ senetas corporation limited

placement at .55 for 40mil dollars, page-12

  1. 580 Posts.
    I would feel better if they were pushed out.

    Meanwhile this is a very 'cute' way for Galbally & Lunt to get 0.55 per share when the market currently says they are worth 7 cents less.

    I ponder what price IKL/etc get further SEN shares they may get, ie, at less than 0.55 perhaps giving them an average price closer to the current market valuation.

    SEN is making the most of supposed 'secrecy' angle when other company's are required/expected to be more transparent.
 
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