SEN 8.33% 1.3¢ senetas corporation limited

Ann: Senetas Half-Year Results Announcement, page-17

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    Tamz
    the issue the cumulative outflow means another raising will be needed and each raising dilutes the value of all assets and future cash flow . I am afraid I am going to be out again . Can wait for next raising at 1c . They loaded up resources in Votiro to convert and grow ARR . That has failed but we have born the cost of these expenses. It’s a failure no matter how you spin it . Not terminal but value destroying
 
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