re: we need move on Wow some people are having heart attacks and nervous breakdowns out there. That just took me about an hour and half to read all the posts from the last two days. I sympathise with all that have been caught up in this comedy of errors and lost. But hang in there. Mr $ I too have held longer term and still very comforatble with my position so I guess it is a little easier from where we stand.
It is pathetic the blunders I will agree with everyone on that including the eternal pessimists and parrots. Whilst I can see where most are coming from with regards to holding an egm, directors must pay, etc etc. my thoughts are to just hang in there and let this play out. imho the funds will hit the trust account any minute, counterparts will be exchanged and all will start to take shape and be bigger than most think, new directors will be put in place, standing down of positions and upgrading of positions will take place and confidence will be restored. All imho of course. I suggest though it does not hurt to collect your list of holders and work towards 12%. You can count on me if I really think it is necessary to get in the way. I could encourage approx. 2.3% if need be.
Believe me the senior staff at asx are looking at senetas closely and nothing will happen imo.
I do believe there is no chance at all that those who spearheaded the ssag will or can get it back on its feet.
As monicom said think with your heads don't be too consumed by the anger as the reaction of thinking the worst out of these stupid communication blunders by management (i.e. “now they say they have only guesstimated royalties from Safenet. get ready for a much bigger first half loss.” Lol) it could see you panic out too early imho. Don't follow the heard of panic sellers and scaremongers that will not matter, just take notice of the accumulation going on imho do some research and make your own decision. Or as others say move on to a stock you are more secure with.
IKL’s stake of about 13% is smart and imo ensures a predator does not get in the way (too early/quick and at too low a price) of what has been worked on by a number of people for quite a long time now including the one we all want to lynch.
As for sales you will just have to have patience and faith from your own research that the product is the best that is out there and in high demand with further potential for massive sales with the new routes to market and with what is coming with the alliance. I certainly beleive faith will be restored and senetas will take a quantum leap. Imho of course.
MOTORWAY I would love to hear your perspective of the recent trading patterns since the long halt, I always enjoy your technical view point.
p.s. Jiggy (who has no interest but believe he needs to warn lmao) please please please stop changing the headings of the original posting, your repeated posts are annoying enough. You don’t need to stop posting as I still get a good laugh. Jiggy I also draw your attention to safenet selling senetas ethernet product to an Asian govt. the first of its kind in the region now that wasn’t even 16 weeks ago let alone 16 months.
Any ways Im off to play golf care to join me montec, mr $, bello, monicom, enen etc.
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