There will always be sellers/profit takers. But the re-rate will be week after week i expect and this sp re-rate trajectory will also be assisted with more updates from the company as Ted has promised. The good thing is we are only 8 weeks to the end of this quarter. Expect plenty of good news/updates throughout this 8 weeks.
Another solid quarter of revenue and progresses will see this comapny catching the attention of many institutions/big funds. I have seen it all with NEARMAP, ZIP PAY, AFTERPAY, MP1, LVT,....These stocks have MC of billions or hundreds of millions of dollars without making any net profit yet. If EN1 makes great advancements/achievements in the next few quarters, i would not be surprised our MC will get far and beyond what we dare to aspire to at the moment.
EN1 Price at posting:
4.4¢ Sentiment: Buy Disclosure: Held