Exactly what happened elsewhere but now he talks about it being a 4 bagger from the low yet it is less than 1/2 from when he was spruiking it.
Easy to pick the bottom of something after it goes up and call it a multibagger however when you post on something like EN1 at 1.8c even if the SP was to triple technically it was a 3 bagger however the holder still has lost money.
One day EN1 might go up however with the Alto agreement in place it is going contiunally put downward pressure unless Mr 20% can make profit (without issuing shares). When they are losing about 1M a month or 3M for the qtr from this qtrly when you consider the additional issue of shares and the government grants it is going to take a huge amount of effort to turn it around.
Even a good portion of the qtr was spent during the 'good times' yes it didn't reach the peak but on average the Q2 was far better for online ad revenue then Q1 according to the index yet EN1 only made 60% of the Q1 results.
EN1 Price at posting:
0.6¢ Sentiment: None Disclosure: Not Held
