eng v mnf v fre , page-20

It is the great unknown isn't it?

Seven have made no announcements about ENG that will quantify the likely direction and future.

I for one will be extremely interested to see the ENG Q1 FY09 4C to see if they have truly got on top of cashflow drains.

Oct is also the scheduled release date for ENG Naked DSL.

If the 4C is good then ENG could add a cent sometime in Oct, the market will view Naked as positive.

As for Seven possible takeover, who knows? If they want it bad then they also want the SP to stay where it is which is not good for other ENG shareholders.