SEN 6.67% 1.6¢ senetas corporation limited

and other sen shareholders, page-19

  1. 993 Posts.
    here's something to ponder. you all think 55c is a great deal but no one knows the terms of the convertable note. for instance ( and since we are all guessing) what if the note allows IKL to buy $14 mill worth of SEN shares at 28 cents when it expires. Now something like that would appeal to anyone surely!! You pay 55 today and average down with the convertable note to say low to mid 30's??? whichever way you look at it, they way the company has treated shareholders is pretty disgraceful, they didn't just get the figures in an hour after the deal announcement, this was premeditated and rightly should be investigated from the top down to the secretary! And why not make this guidance a week or so ago at the AGM,,,,because they are too gutless to face the music!!!!! you holders are playing russian roulette, they have no sales and without this placement probably would have no money in the bank. Its a crying shame to see so much potential be p_ssed away by a bunch of ego driven mor_ns. no wonder there are not many massive success stories from this country re new frontiers>
 
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1.5¢ 1.6¢ 1.5¢ $8.254K 550.2K

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No. Vol. Price($)
1 98974 1.6¢
 

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Price($) Vol. No.
1.7¢ 208000 2
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