SNS 2.50% 3.9¢ sensen networks limited

Bit of a discount though keep in the mind the price only moved...

  1. Eqz
    3,395 Posts.
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    Bit of a discount though keep in the mind the price only moved up recently, it's been settling at ~10c for the last few months so I think the raise price was well negotiated.

    Given the board burnt $9M last FY and FY21 contracted revenue of $5.5M, this $7M will certainly close the gap.
    SNAP was US focused so I suspect they will leverage Dr Detmold to help with the US expansion.

    Seller wants out at 18, interesting depth this morning. Agree this will float back to CR price, I will be dipping my feet in if it drops to 10c.

    GLTAH. Great company, exciting technology & strong management.
 
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