Well done...it is incredibly cheap partly due to the inexperience of the board and the Chair in engaging with the market. That seems to be changing with the appointment of Sequoia as corporate adviser who have been responsible for the placement, so new blood and a story to tell.
I am updating my analysis and will post revised earnings forecasts following the recent Update. In the absence of any broker research, I am happy to provide my view.
Also feels like something is happening in the background as the volume on the buy and the daily trades is highly unusual and looks like accumulation...a lot of crossings.
Hold on to your hat...
EGL Price at posting:
3.1¢ Sentiment: Buy Disclosure: Held
