SEN 6.67% 1.6¢ senetas corporation limited

15c under pressure early, page-10

  1. 3,230 Posts.
    Okay my thoughts: This pull down is bigger than any ordinary selldown.As with Safenet they were bought out by a private equity firm with oodles of money.Not fully understanding SEN technology but taking into account loyal followers reckon its better than sliced bread the market cap to buy the company has gone from around $450 million down as it is now to around $60 million. If that went to say $48 million and a knight in shining armour who wanted there technology came along and offered the shareholders a cash price and a slice of the action it would look very lucrative compared to any other alternatives.Hey bingo they have saved $400 million odd and lets face it with a new direction and management with there award winning encryption securities away they go.
    DYOR thinking aloud.
 
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Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
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