The business fundamentally is fantastic. It has so much upside and is super cheap for what it is doing. My theory for the gradual price drop since IPO is that being US based and not one person in management has previous ASX experience - they haven't done a great job promoting to the market and unfortunately the ASX is ruthlessly impatient so as a result has had a bunch of investors drop off. I believe they are getting better and it was a good move Ted coming to Aus to engage (no pun intended) with investors. More of this and we'll see the price move well and truly into the dollar regions if they can hit targets.
EN1 Price at posting:
16.5¢ Sentiment: Hold Disclosure: Held
