SEN 0.00% 1.3¢ senetas corporation limited

AGM - Galbally and Wilson must step down

  1. 2,973 Posts.
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    Time is getting near for Galbally and Wilson to step aside and hand Senetas over to a new team of management.

    -Senetas has been treading water for years
    -Opportunities for growth are routinely missed, and it appears Senetas has missed one of the greatest opportunities in a lifetime to grab a hold of the cyber security market, at a time of unparalleled risks to governments and organisations
    -Senetas' growth in sales and profits is tepid at best, and the dividend was poor
    -Investments are constantly being written off, showing a naive approach and a basic misunderstanding of finance and investing
    -Shareholder value is not being achieved, this company is valued at a fraction of what it could have been
    -Senetas management are unable to articulate a basic plan for growth, let alone achieve it
    -I see another 2 million options to be granted to CEO Wilson at the AGM
    -The social media strategy shows ineptitude and naivety, with constant spelling mistakes and limited traction in posts on LinkedIn and Twitter.
    -It's less than an hour until the AGM and Senetas hasn't even released an AGM presentation or Chairman's speech
    -Senetas shareholders and employees feel extremely let down, the company is ten years behind where it should have been, and this must come to an end soon.

    Regards
    HB
 
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