I did my first analysis of SNS back in June and had advised was waiting to buy in under 16c.
The roll-out of SENGAME 3.0 in CROWN Casino & distribution agreements with Cammegh and eConnect are strong signals of a proven technology and potential to commercialize.
I think this will fall down to maybe 11 or 10c but I have bought today at 11.5c as I think (and hope) we will see some commercial agreements starting to line up over the next quarter.
My only concern is the high cash burn ($1.8M) and the cash on hand is running low too ($5M).
At least these guys are pulling in more cash receipts than BRN
Ann: Sales and Marketing Progress Across SenSen's Businesses, page-2
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Last
5.1¢ |
Change
0.003(6.25%) |
Mkt cap ! $35.68M | |||
| Open | High | Low | Value | Volume |
| 5.1¢ | 5.1¢ | 5.1¢ | $255 | 5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14000 | 5.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.2¢ | 158897 | 4 |
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| Last trade - 11.28am 08/11/2024 (20 minute delay) ? |
| SNS (ASX) Chart |
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