SEN 3.85% 2.5¢ senetas corporation limited

frozen with indecision, page-18

  1. 8,265 Posts.
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    re: withdrawl from cap raising temp. measure i believe he was trying to understand your logic or if you had any knowledge which was not available atm.

    SEN tried raising capital and failed miserably and whilst this never precludes another opportunity i actually see the next cap raising from SEN itself to stay alive.

    I believe they are in need of money and a cap raising will be required to remain viable.

    and this goes back to the folly of wasting millions of shareholder funds in a buy back!
 
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