Your statement would suggest the market values companies correctly all of the time which is obviously not true as some companies can be valued by the market as 100s of millions and collapse or surge 800% in one day and than back down again.
En1 is valued at less than $9mil market cap. It is a micro cap with plenty of room to move. I've seen companies valued at 100mil with no revenue !
If En1 was valued at 100mil the share price will be around 10x more than it's current price. With so much hype in the 'market' rallying stocks 800% in one day anything is possible. And stocks will be mispriced.
EN1 Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held
