SEN 6.67% 1.6¢ senetas corporation limited

announcement is no surprise

  1. 580 Posts.
    So SEN's capital raising fell through.

    No surprise here. Obviously known to some last week as the share price drifted down.

    Friday's announcement by SEN of FG ceasing to be Chairman & replaced by Stockdale was an effort to prempt today's announcement.

    Friday's mention of Lunt still being on the fundraising trail confirmed that the fundraising wasn't going to happen any time soon - or else why would they appoint Lunt to take care of something which would be fixed quickly?

    Let's hope SEN focuses on selling product from here on in, rather than bulls hit announcements



 
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