SEN 0.00% 1.7¢ senetas corporation limited

Hi Nannook, the announcement refers to a reverse Takeover but...

  1. 7,809 Posts.
    Hi Nannook, the announcement refers to a reverse Takeover but CTV is to submit forms that effectively neutralize that immediate agenda. But, imo, you point out the complexity of the transaction that is the possible reality. FG on the board too.
    Perceived risk is reducing rapidly in Sen. Patner diversity, product diversity, licensing, geography, income.
    Lets not forget the reasons Senetas is in the 50's and 60's anyway,ie) Lumpiness and a perceived risk to FY earnings. Profit reinforced again today.
    It took a few days for the sp to appreciate to a more stable average after the last license partner announcement. This announcement is more complex and longterm than people hoped for imo. It is also not the announcement that we were expecting in regards to previous guidance. More to come, for certain.
 
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