CTV will pay US$3Million to acquire ecrypt.
If they choose to pay in shares then yes SEN will have ecrypt shares.
Additional US$3 Million to have the right to sell SEN encryptors ( also payable in shares if CTV wish)
After this a 15% royalty applies on sales of SEN encryptors.
Perhaps ecrypt can be sold to others but it might make long term strategic sense to use it to tie up this developing "partnership" strategy.
Galbally can do both once his CEO responsibilities are passed on. Many people are directors on multiple boards. Hope this helps.
- Forums
- ASX - General
- SEN
- $6 million ann
$6 million ann, page-2
Featured News
Add SEN (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.1¢ |
Change
-0.001(4.55%) |
Mkt cap ! $32.99M |
Open | High | Low | Value | Volume |
2.1¢ | 2.1¢ | 2.1¢ | $21.62K | 1.029M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 560184 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.2¢ | 354428 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 560184 | 0.021 |
3 | 749678 | 0.020 |
2 | 1530000 | 0.019 |
3 | 1297436 | 0.018 |
1 | 124000 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 354428 | 3 |
0.023 | 697000 | 3 |
0.024 | 879121 | 5 |
0.025 | 126059 | 2 |
0.026 | 115000 | 1 |
Last trade - 15.34pm 13/09/2024 (20 minute delay) ? |
Featured News
SEN (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online