Yes, the Senetas price has been under pressure - and may continue to be so for a while yet.
I recommend that shareholders take another read of the half year report, as it clearly states both the full year profit expectations (-$2m to +$400k range), and the timeframe for an expected upturn (2008 Financial year). New distribution channels take time to set up and then to build a closing pipeline (12-18months).
If the company has significantly differing expectations from these, they are obliged to provide the market with this data. I presume that their silence just means the last statements to the market are essentially correct.
The company essentials are solid. Management appears to be much improved over the prior regime & turnarounds require time.
Furthermore they have been absolutely clear to the market, so quit your bellyaching.
Sell if you wish, but I shall hold tight & maybe add.
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Last
2.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $37.71M |
Open | High | Low | Value | Volume |
2.4¢ | 2.4¢ | 2.4¢ | $7.082K | 295.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 61001 | 2.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 17000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 61001 | 0.023 |
2 | 236362 | 0.022 |
2 | 317391 | 0.021 |
5 | 820000 | 0.020 |
2 | 826500 | 0.019 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 17000 | 1 |
0.026 | 154800 | 2 |
0.027 | 1133385 | 5 |
0.028 | 1235000 | 4 |
0.030 | 673443 | 5 |
Last trade - 10.26am 08/11/2024 (20 minute delay) ? |
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