I don't think even the most critical of SEN's longer-term holders, of which I am one, expected that the actual announcement of the new CEO would do much to boost the sp., if at all in the short term.
It is the longer term strategic impetus that is being sought from the CEO appointment and hence the frustration for the more critical of us at the time taken to finalise it......it was originally promised by end of 2005, then following the February 2006 Board meeting and it finally arrives at the ar~e end of April !
A lot of impetus has been lost and a lot of ground has to be made up, not the least with the shareholders (esp. longer term.....I don't care about the traders) and the market.
The new CEO needs to not only be a marketing wiz but also needs to rapidly redress the major communication and credibility problems within.
Having said that, and subject to the next ann re the financials, I still believe the company's fundamentals and prospects to be good......
cheers
SEN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
