the actual wording, page-3

that is partly true as evidnced by their poor results.

they had first mover advantage which is now in jeopardy and the long lead time in acquiring new sale channels and orders is a very big concern looking ahead.

i do not think the downside risk can be overstated here as SEN now recognise they are virtually building a business.

Its a great shame for shareholders who believed all the rubbish from SEN and might i say from certain posters on here.

Would not suprise me to see SEN drift below 20c in the meduim term.

The lack of buyers will now be the issue for holders.

what is to catlyst to buy now and hold for 18 months...IF they can deliver then as well.

SEN is wildy overvalued now based on its results and outlook.

IMHO