SEN 8.00% 2.7¢ senetas corporation limited

Is my maths correct? Upside looks compelling, page-56

  1. 20,493 Posts.
    lightbulb Created with Sketch. 2037
    Not giving up on the story, simply waiting to see how close we are to break even by August. I would have imagined that any substantial contracts would have been announced. It is possible i am wrong and between now and then something substantial occurs including a left field event like a TO

    They continue to hire and grow but until they are break even Sen will need to fund so this growth ,and although the gap gets smaller as this milestone approaches, the closer it is the more the SP will find a bottom. My hope was EON money would come in this year and they could have used the funds to grow more aggressively.

    Having said that the way its been sold down may result in a reentry before then. Its touched 2c today which is extraordinary given recent TNT action
 
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