E88 0.00% 65.0¢ ensogo limited

Bottom of the trend?, page-2

  1. 2,317 Posts.
    If you don't look at the queue but watch the trading you'll see someone wants out big time and the selling has accelerated since it went sub 10c. Maybe they have to get out b4 Xmas break or the escrowed shares are released. I'm surprised there hasn't been a change of sub holdings. Personally as I said b4 last week I cant see any reason to buy into E88 until you get some idea about the margins. With a market cap of $35M this still has scope to fall more especially if someone is of the believe that they are growing at pace with a negative margin. This is coming from someone who loves to but beat up and undervalued shares.
 
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Currently unlisted public company.

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