It just continues to drift lower and lower on this volume
It is really into oversold territory now
AdCel accepting $3M stock at 22c, they raised $2M to brokers at 16c ...
Exceeded 1H revenue predictions by 10%+
and yet the stock is 11c - that is capitulation if I've ever seen it
The industry experts and instos taking stock at huge premiums, retails flicking the stock at all time lows prior to their 2 most solid quarters of revenue
Wonder what more the market wants ? They'll back junk at $300-500M market caps that are years from revs. EN1 will turn a profit and in a position to really ramp the NPAT now the fixed costs base is met ..
2018 Revenue forecasts, page-4
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