Been hearing the same rhetoric for years now and yet the price doesnt move. Funny to hear comments like ‘the BHP on a cost curve’ and incorrect suggestions of the price should be 50c or whatever based on some back of a coaster valuation with enormous P/Es. Just looks like desperation to gain support.
Also alarming that the only people who have bought shares on market in any volume over the last 2 years are the directors and holding up the price. Tied with comments like ‘buying up to 48c’. Really? Its an insurance play, which means it literally takes years to increase and the growth story becomes a trench warfare story as the easy gains disappear. These comments opinions by others are completely misleading for new investors.
Anyway not my money but you should get a return in the next 5-7 years. In the interim there’s plenty of money to be made elsewhere (imo). Good luck
ENA Price at posting:
25.5¢ Sentiment: Sell Disclosure: Not Held
