SEN 3.70% 1.3¢ senetas corporation limited

SEN makes a joke of the words "Daily Share Buy Back Notice"...

  1. 580 Posts.
    SEN makes a joke of the words "Daily Share Buy Back Notice" because there is nothing like a daily activity taking place.

    They seem to buy when shares drop to a level they feel uncomfortable with IMHO.

    In reality if they did have a daily buyback operation in place they would, over a period of weeks, soak up the 29 million shares they have remaining to take up.

    Such buying pressure would push the shares through 40 cents I feel - and be true to the words "Daily Share Buy Back".

    Meanwhile I can't help feeling that some investors may be staying away until integrity rises.



 
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