Yes, a wait and see attitude at the moment for most punters. The short termers are bailing out and taking a profit. The SP is still up approx 40% on what it was this time last month, not to shi++y!!!
The U thing is certainly diverting attention from many stocks.
I expect quite days here for the next few weeks, barring announcements of course. Probably will drift down further, with a barrier around 30c.
If an announcement confirms break even by mid year this will rocket into the 60's
If the announcement merely confirms the expected rise in subscriber numbers and does not infer breakeven data, the SP would probably stabilise in the mid to high 30's
All IMHO, but based on very close scrutiny of all things engin i.e. voip market, management, accounts etc..
ENG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
