Ann: Impairment to the carrying value of unlisted investments, page-26

tamz...We have to believe in the people behind Senetas ..so far they have developed great technology and cash and more cash will eventually come from the Eon Reality listing and from rising sales.Sure it will take time ..I do not believe it shows intelligence to expect big sales tomorrow. So much new technology,it takes time to get the market to trust the new products.A history of success in technology is there but Senetas is moving from a very selective market to a combination of selective markets with new and better world leading specialist products ,and also a new mass market with new products ,like the new virtual encryptor.These products are new to the markets...trust has to be developed..we have to believe sales will follow.
My view is patience.In perhaps another year or two strong sales will start to evolve.The technology is definitely there ready to go.Hopefully the Salesmen from Thales will do their job and open up the market.In the mean time treat cheap and perhaps cheaper shares as opportunities...to be taken or not.At some price that price will bring queues of buyers!!!
This is not a Sprint to the tape..but a realistic evolution in sales from arguable world leading technologies.
All the best to all.