SEN 7.14% 1.3¢ senetas corporation limited

a case of lock in profits/sell the news, page-2

  1. 865 Posts.
    As I said this morning,,sell on the news ..lock in some profits.
    Gallbally is a smart cookie (I met him in Melbourne mid 1999 @ the EGM when Diamin DNR was "takenover "by Gallbaly's ITteam and called Secure ID net then Senetas) and he knows how to play the market (it was around$3@ the height of the dotcom boom).
    My bet is he will let a base of consolidation around 9.8-10c to form before releasing some really bumper (unexpectedly) terrific news to hit the market which will propell SEN to 20c+ @ P/E only 6:1,,,see in the IT security game... "commercial-in-confidence" takes on a different meaning. ie you can release the details of the deal only when the client OK's it,,,as has been stated by Senetas..a great opportunity to feed the market when you want!!!
 
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