SEN 0.00% 1.3¢ senetas corporation limited

board reshuffle, page-5

  1. 82 Posts.
    This is great news if it is accurate. I have noted previously the comments made by FG after the AGM that the extra funding for board payments was not for pay rises but to accommodate a growth in the number of positions on the board - potentially 2-3 positions and presumably for the IKL stakeholders.

    I doubt they could propose a board reshuffle of this magnitude without confirming the closure of the deal and the infamous "the money's in the bank" statement.

    I doubt they would shuffle pre-deal and then again once the deal is done - wouldn't make much sense. (But this is sen we are talking about!)

    This could be a very good sign for sen holders....
 
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