SEN 3.57% 1.4¢ senetas corporation limited

EON Reality, page-125

  1. 20,369 Posts.
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    Tamz
    The problem is Sen will need to raise about now a meaningful amount to see it through targeted break even which this will be very dilutive. It will likely be done in the mid one range and be converted into a strong USD. I am almost certain Sen would have had to lend some funds to Votiro already by now. So what happens is Votiro is being diluted and senetas is and has diluted its encryption business. the next CR is going to blow out shareholder number by another 20-25%

    The break even also assumes on time execution of sales pipeline which to date hasn't happened

    as one person said to me - i think they caught the tiger by the tail !!!

    wishing you all luck .
 
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