SEN 3.70% 1.3¢ senetas corporation limited

senetas, page-67

  1. 9,445 Posts.
    re: announcement I have highlighted share price over 4 years.
    You have chosen 1 year.

    The share price should never have reached 90 cents.
    It got there because people chose to be opportunistic and buy on takeover rumour.
    What I would say to those that bought on takeover rumour is sometimes you win and sometimes you lose.

    I could list a dozen companiess where the shareprice jumped to astronomical levels based on takeover rumours that did not eventuate, only to see the price drop again.
    So this problem is not SEN specific. To be SEN specific you need to look at at least 3 or 4 years of history.
 
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