Hi there fellow Egn crew, Just joined the party, have been watching since cxg days following a trail of Elph.
Decided to wait for the second Cap Raising as this seems to be a habit of turnarround stories. Always need a bit more than first thought.
I'm very happy to land this just above the 12 cent raising I think it was only the really nasty week that they could not contain the volume of sellers.
The overhang is not large at 80mil shares so would expect this to move over the next few weeks back to the mid teens.
This is a nice fit for a lot of portfolios in the transport/ engineering sector, not sexy but I think at this sort of entry a great long term position.
Good luck to everyone hope I don't put the MOZ on it for you.
Cheers
EGN Price at posting:
$1.30 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)