SE1 0.00% 0.2¢ sensera limited

Ann: Sensera completes A$2.5m private placement, page-22

  1. 231 Posts.
    lightbulb Created with Sketch. 290
    I like your thinking Ozelectro, and that would certaintly fit a more appropriate justification for the CR given the opportunities in front of us.

    If Nanodx are letting us flounder around on our own, looking for a few dollars to keep the lights on, they must have huge cojones....

    It's going to have to be a ripper of a slide deck to convince me to vote for the options. If I understand correctly,
    • EverBlu has put up $250k
    • They immediately get back $150k in fees
    • They get 36.7M options at 0.085 with over 2 years to exercise.

    Can't see how putting up effectively $100k at risk, deserves such largesse. With a 1c rise in SP over 0.085, they recoup over 3.5 times their investment.

    Have I misunderstood something?

    If not, very disappointing.

 
watchlist Created with Sketch. Add SE1 (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.