ENA 0.00% 27.0¢ ensurance ltd

Ann: East Coast expansion and significant appointment, page-15

  1. 4,605 Posts.
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    AUB = $1.7 Billion mkt cap, and SDF = $4.7 Billion mkt cap

    ENA = $20 million!

    Investors will show interest once ENA shows increasing profits. We know UK business is now profitable, and increasing in business activity with covid lockdowns not an issue, and we've only just commenced trading in Australia (I'm certainly interested to see its first trading update in the next 4 - 5 weeks). Presumably this first trading update will not be the best indicator though with NSW/Vic lockdowns.
    Maybe ENA profitability is not too far down the track.

    At the time of full profitability ENA will be a prime takeover target for either AUB or SDF.
 
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Currently unlisted public company.

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