It is very impressive, especially taking into account “The note is subordinate to the company’s current senior lender, Timelio Pty Ltd.” I personally like my investment to follow insiders.Very lucky I picked up a few cheap chips in last two weeks.
To be honest,when I read such comments “Sensera will continue to consider opportunities to optimize its capital structure through infusions of credit to fund broader working capital needs, potential accretive acquisitions and strategic product development to accelerate the Company’s growth and profitability “ in last quarterly comment, I didn’t take very serious as we have a lot of experience in other stocks that today management insisted there is no capital raise then the other day trade halt is called. The recent share price movement instills more into that false impression.
Hat to our Company’s management. This funding arrangement truly demonstrates their will and resolutions and ability to implement their strategies.
SE1 Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held