SEN 5.26% 1.8¢ senetas corporation limited

15 million dollar loss , page-6

  1. 8,265 Posts.
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    SEN according to "Sicilly" is now nothing more or less then a "start up"........i agree and SEN comes attached with all the risks attached to a start up.


    It has a market cap as of today of $55m and has today flagged a FY loss of $15m.......and NO immediate upside with the next FY guidance numbers.

    SEN is NOT a buy at any price until and subject to them producing revenues and now in turn producing a profit.

    And judging by the $5m "hole" which is left over from todays anouncement a profit is a very very long time away.....IF now at all.


    A terrible result today as was flagged by me on this forum!!!!!







 
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