Yep, in trading territory now.
I still prefer the longer term picture and think the big gains will be on the back of the Q4 announcement as that is when the bulk of revenue will come through. At that point a return to profitability should see a re-rating based on a multiple of revenue terms or at least on a PE basis.
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Ann: EN1 Secures Additional Growth Capital of up to AUD $8.2M, page-98
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