Well I guess we can add “leaky ship” to E25’s list of newly developed vices. There’s the explanation for the sell down right there.
Quite amazing that a company would say so bluntly that achieving nameplate and profitability is now a matter of “if” rather than “when” without making any attempt to sweeten the pill with any additional information. Very hard to understand the communication strategy here.
And now a DFS “expected” in the second half of the year. Won’t be holding my breath JB.
Even without having yet looked at the numbers closely, you would think it’s a long slow climb back up the share price mountain from here.
Not selling but this is a gut punch. No doubt about it.
E25 Price at posting:
80.0¢ Sentiment: Hold Disclosure: Held
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