ENG 0.00% 89.0¢ engin limited

'Cash is coming' is exactly what everyone is waiting for, lets...

  1. 1,965 Posts.
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    'Cash is coming' is exactly what everyone is waiting for, lets hope they can deliver this time - and steer clear of any further bogus projections. I had to sell to write off the loss, but will be keeping an eye on them.

    Where is 3c per share? Honestly I think 3c was hit because the buggers did a capital raising at that level, I think where it sits (6c) now is perhaps more representative of market sentiment.

    I'm expecting little movement on this stock for a while (5-8c band?), as I'm not sure what kind of announcement could be positive until we see a tangible result from the restructure. That being said, I've got this stock horribly wrong before, so who knows :).
 
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