Looking at financials as at 31 Dec 2005 they had 9 mill cash in the bank and since then have paid around 4 mill in dividends in March 2006 and around 4.5 mill in buy back.Add operating costs around 9 mill for the 6 months. Now they havent bought back since 19th May and at so called rock bottom share price the only explanation why there not buying is that there running out of Merla . Be very embarrassing if they cancelled next divi and stopped plan buyback.
SEN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
