Australia's largest stock trading and investment forum Australia's #1 stock forum

SE1

Click for more information

0.00%

0.2¢ sensera limited

Ann: Response to ASX Price Query, page-8

First 8 Last

Share
Profile

Follow
Paulie

382 Posts.

54

20/01/22

11:40

Post #: 59004142
Share

Originally posted by Tian8824: ↑

For a 5m market cap, we’ve had 4 days of 40m share volume, followed by 2 days of 20m plus volume. That’s a HUGE base formed. Also BRN almost 1000x the price of SE1.

Despite all of this, it is not reflected in the price. that’s because the market is slow and we are all waiting for news of the acquisition. If it’s at 10c now without news flow, maybe that’s a gamble. If it’s 5 Billion market cap like BRN Brainchip, that is a gamble.

But this right now, I would not call a gamble. I would call that a bargain or free money on the immense scale for those that are patient to wait it out.

For it to be a gamble there needs to be risk. Given the cash in the bank, I see none before the announcement is made. The only risk is selling early…

Expand

brn has assets and intellectual property, we have no business at all. Until we do, we are worth less than cash, cause we still pay management.

SE1 Price at posting: 2.1¢ Sentiment: None Disclosure: Not Held
9 Upvote

0 Great analysis

Reply

Top Stories

NVA

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

RHK

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

MIN

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

MND

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

Nine's staff strike as Paris Olympic coverage begins

First 8 Last

Add SE1 (ASX) to my watchlist