Tamz - the best way I can explain why SEN is seen as undervalued is with the following
There is a concept often used in the oil and gas sector called risked value. You have two companies that are drilling a well . If successful both will benefit from revenue that is equal to let's say 1 dollar per share on a DCF basis . Company one is drilling in an area that has continuously produced success. 80% of wells are commercial . Therefore before they drill one would apply a risked value of 80c to this company . Company two is drilling in an area with a 20% success rate so there risked value is 20c . So both companies should theoretically trade above zero even though neither has earned a dollar yet but the likelihood of earning that value would mean each has a different theoretical value . Now doesn't mean company 1 doesn't fail and two succeeds but the odds are favouring company 1.
I see SENs current valuation and the reason I and others think it's cheap is based on the risked value of future sales of the 100gb encryptor . Its been sold by their Big gorilla of a partner and it truly is a unique offering with little competition so I apply a good risked value to that future sales stream . Ofcourse the exciting part is this is over and above other revenue and it could be truly a stepped change in earnings medium term. With higher earnings will come a bigger a R and D spend and it can multiply from there
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Tamz - the best way I can explain why SEN is seen as undervalued...
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Last
2.0¢ |
Change
0.002(11.1%) |
Mkt cap ! $31.42M |
Open | High | Low | Value | Volume |
2.0¢ | 2.1¢ | 1.8¢ | $34.38K | 1.725M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 11932 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.1¢ | 303902 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 11932 | 0.020 |
1 | 750000 | 0.019 |
3 | 802436 | 0.018 |
1 | 124000 | 0.017 |
2 | 322500 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 303902 | 2 |
0.022 | 245000 | 3 |
0.023 | 100000 | 1 |
0.024 | 179121 | 4 |
0.025 | 26059 | 1 |
Last trade - 15.58pm 11/09/2024 (20 minute delay) ? |
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