You refer to Enzumo being a cash cow and 2 months buying will return , on what basis have you come to that conclusion.
Reading the financials 2019 was a loss of $1.57m , 2020 was a loss of $2m and this year the first half was $1.5m so the loss making trend continues albeit some relating to old claims and write downs.
The share price jump suggests you are on to something as the company was able to buy back shares below 10 cents not to long ago from the market and now it is 22.
I am holding but wondering when the profit is going to return to justify giving back so much cahs to shareholders at a time when we should be using it to buy some more Enzumo's
CAF Price at posting:
22.0¢ Sentiment: Hold Disclosure: Held
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