Balcatta-based Safe Effect Technologies Ltd was close to calling in the receivers early in 2006 when Ken Johnsen joined as chief executive, mid-way through the company’s recapitalisation and efforts to relist on the Australian Securities Exchange.

Balcatta-based Safe Effect Technologies Ltd was close to calling in the receivers early in 2006 when Ken Johnsen joined as chief executive, mid-way through the company’s recapitalisation and efforts to relist on the Australian Securities Exchange.