SEN 4.55% 2.1¢ senetas corporation limited

smoke only " a) Andrew Wilson, CEO and Managing Director,...

  1. 539 Posts.
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    smoke only

    " a) Andrew Wilson, CEO and Managing Director, intends to take up his entitlement in full. "

    AW as of july 23 had 1.4 m shares...his entitlement is calculated using conversion of
    4.86 to 1...is approx 288,000 and @ $.01.4 is only $4000 hardly reinforcing the capital
    raise or the outlook...

    https://hotcopper.com.au/data/attachments/5768/5768162-3c09fd308e8df1edc6a1c4f9f220e392.jpg
    and yet AW comments
    " “On behalf of the directors, I thank shareholders for your continued support of Senetas and encourage
    you to carefully consider this investment opportunity at an exciting time in the development of the Votiro
    business.” "
    AW remuneration package is around $600,000.....
 
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