SEN 6.67% 1.6¢ senetas corporation limited

its common practice for a company to cite market potential.SEN...

  1. 8,265 Posts.
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    its common practice for a company to cite market potential.

    SEN are not alone in this practice.

    Only trouble is SEN have NEVER met any of their own guidance!!!!!!

    Which means there is something seriously wrong with either their accounts,forecasting or are simply being disingenuous.

    Mt view is the Board of SEN were being disingenuous.

    The news today probably for the first time has told SEN shareholders they have major problems and are now going back to basics.

    IF punters on here think this company is worth $200m on $100k deals.....they are in for one rude shock.

    And once the half yearly numbers are released it will give them time to focus on the cash position of SEN>

    I believe they will need to raise capital.



 
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1.7¢ 208000 2
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