I don’t think this is a dividend play....
I curenetly don’t really think it’s a long term play either
I just think it’s a mismatch between the business as it was, which was valued at slightly more than it is today even though it was losing money hand over fist, the progress it’s making, and the current downward pressure on the price because there are so many weak holders.
I do think the company will be profitable, I think it’s imminent, and despite Ted the share price has only one way to go.
Not sure when demand will exceed supply, but when it does I’m expecting a swift rerate.
EN1 Price at posting:
1.7¢ Sentiment: Hold Disclosure: Held
