While I am disapointed not to have realised my dream to retire young just yet...I do feel that Senetas has done all it said it would and continues to be undervalued by the market....a curse that has ruined more than a few otherwise fine companies.
In looking at the statement back on 17 oct. 2005, I see a number of items that make good comercial sense...some of which have now come to pass, and others still to be realised but according to the co. are on track...I'll look forward to the annual report as it should clearly articulate the cost/revenue structure and when compared to last years report will make interesting reading.
I think in focusing on the sp., people are missing the real story...Let's hold off judgement until the financials are released which will tell us if this is all a con or a capable mature model that will deliever long term shareholder returns. Which believe it or not is what some people want.
I know hc is a get rich quick forum, so perhaps this post is wasted, but perhaps some will take a moment to look back at the promises made by management and realise the sp rollercoaster does not appear to be related to the companies performace.
Having said that I wish I'd stayed with SMM instead!! LOL.
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