SEN 20.0% 1.8¢ senetas corporation limited

LVL is like BROSEN is nothing like LVL....and it hurts your...

  1. 8,265 Posts.
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    LVL is like BRO

    SEN is nothing like LVL....and it hurts your argument to even suggest that.

    I agree the management of SEN are questionable and their treatment of shareholders is even more questionable but they do have cash and they do generate revenues.

    And i do NOT believe this is a placement for cash.

    I believe its shares in lieu of payment for something.

    they have just used a notional value of 55c per share to make it look even beter then it might be.

    which would mean the others need SEN.......and that is a worry.

 
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