ENG 0.00% 89.0¢ engin limited

result fy08, page-24

  1. 983 Posts.
    I think best to deal in the facts here and now.

    Wimax of course will come and we all all welcome it with open arms. And so will other technologies such as fibre. How these will kill off stand alone Telco's such as MNF baffles me.

    I guess by the same analogy then Telstra & Optus are finished too? No one will use them for calls.

    ENG at 10c is a long time coming. Look for a 2-3c 200-300M Share Placement very soon on ENG, they simply have no choice, with $6M at bank at at 30 Jun 08 and with last years burn rate of $12M, how are they going to survive without more cash?
 
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Currently unlisted public company.

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