SEN 0.00% 1.3¢ senetas corporation limited

Sure Drop Plus, page-11

  1. 232 Posts.
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    HI Tommystox, your comments are well founded, but as I have been a long term holder in the stock and have no intention of selling in the future. The management of Senetas do not make any announcements to build any hype as long term the results will have the desired effect. As I have I said before , the future of the company is in the US where the major shareholder resides in NEw York and I am sure that selling his stock in Aust cannot be an option. What Senetas are doing is putting themselves into a position of been needed by some of the large technology companies in the US or ISRAEL and then all options will open up. ALL I have done is enjoy in doing all the research into Senetas future and hope that it will be of value to the poor shareholders( including myself) who missed out the previous time around. , but this time , after getting another chance I believe that the company has a very bright future. Last year I spoke to a broker at Bell Potters after they put out a mediocre report on the company and told him to do some research , but to no avail. We have Bell Potters who 12-24 months ago gave a report as a Buy at 12-14c, and since then the Sp has got down as low as 6.1. All I say is has the company in a stronger position now, than then??/ They have no debt, Cash of over $17m, paid a dividend of over $4m to shareholders, bought a small company for $8m that has just been taken on board by the Largest technology company in the US ( revenue of $41b ) and has any broker done their research on this. The average Super return in Aust has been about 9%, yet if Senetas get to 12c , we have 100 % return, and since Senetas are in a stronger position than when the Sp got to 22c, I know that if I had any extra cash the odds of getting the above look pretty good., but I have enough. good luck .
 
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Last
1.3¢
Change
0.000(0.00%)
Mkt cap ! $20.42M
Open High Low Value Volume
1.3¢ 1.3¢ 1.3¢ $108 8.322K

Buyers (Bids)

No. Vol. Price($)
1 51678 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 537 1
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Last trade - 11.40am 12/07/2024 (20 minute delay) ?
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