If you have really followed this company then you would have known that there wasn't going to be any chance of a profitable quarter until Q3 at the earliest. Where are we now? End of Q2. Still have 1 whole quarter to wait and a bit since you want audited figures.
Increased revenue where the costs are fixed will give profit eventually. See Wally's post for the figures to give us a profitable Q3.
Without punishment from shareholders the company will continue its debt hungry business model? Who are its top 2 shareholders? If you think they aren't feeling the pinch seeing this company go from 20c down to 1.2 especially when so much of their time and money is invested in EN1 you really have no idea.
If we waited till Quarterlies to post on this forum then it would be a very boring place.
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- Ann: EN1 Q2 2019 Preliminary Results Material Improvements
Ann: EN1 Q2 2019 Preliminary Results Material Improvements, page-407
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