At 1.6c with 414,000,000 shares on issue, the market cap is $6.6m.
With a cash balance of $7.4m, the company now has a negative E/V of $800k.
In addition, with the global markets looking shaky and company valuations dropping, this should benefit Sensera when they are acquiring a new business as they should be able to acquire something on more favourable terms.
Easy buying at these levels IMO.
SE1 Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held
