Hi, Let's for a moment put a positive hat on, and assume VOTIRO...

Hi,

Let's for a moment put a positive hat on, and assume VOTIRO business will gradually do well in a year or two.

Extract from the presentation on slide 12

• Senetas has provided Votiro with interim financing via a bridging loan (US$1.6 million
at 31 December 2020 – US$2.2 million at 26 February 2021) until completion of the
rights issue – the bridging loan will either be converted into shares as part of the
rights issue or repaid via the proceeds of the rights issue

• Senetas expects to maintain a controlling shareholding of approximately 55-60% in
Votiro after the rights issue has been completed

That 55-60% controlling shareholding we (SEN shareholders) assumingly have, is that somehow ever been displayed to shareholders or One has to believe the numbers in the presentation as a fact.

Just wondering

side note: I do like the gamble on Vitro, it's a bit like what we investors do. put our money on a company we never worked for. and at times we do not fully understand, let's hope Management have done their due diligence. a bit of patience may help