Not too sure what you are getting at here but I believe that the Infoprotect investment related to the sale of Senetas' shares in a biometric technology called eCrypt. That investment had been fully written off in previous periods. I believe that Lunt did a deal whereby Infoprotect acquired the shares that Senetas owned in eCrypt for ~$3.8M and a CTAM licence for ~$5.6M. The consideration was in the form of debt and scrip. No cash changed hands.
So to say that $9.6M was ripped out of the balance sheet by implying the asset had an underlying tangible value in the first place is not right.
As for the accounts - they're in compliance with the accounting standards so get over it.
Please DYOR.
- Forums
- ASX - By Stock
- how come
Not too sure what you are getting at here but I believe that the...
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SEN (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.7¢ |
Change
0.002(8.00%) |
Mkt cap ! $42.42M |
Open | High | Low | Value | Volume |
2.7¢ | 2.7¢ | 2.7¢ | $72 | 2.651K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 275000 | 2.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.7¢ | 1922256 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 275000 | 0.026 |
4 | 1874174 | 0.025 |
1 | 500000 | 0.024 |
2 | 620000 | 0.023 |
1 | 23436 | 0.022 |
Price($) | Vol. | No. |
---|---|---|
0.027 | 1922256 | 4 |
0.028 | 1222714 | 4 |
0.029 | 167000 | 1 |
0.030 | 648814 | 3 |
0.031 | 200000 | 2 |
Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
Featured News
SEN (ASX) Chart |
The Watchlist
EL8
ELEVATE URANIUM LTD
Murray Hill, MD & CEO
Murray Hill
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online