EGO Newspaper Article 21/09/13, page-6

People including the MD complain about the SP, but it is what it is from all the CR and HUGE dilution.

The business hasn't made a profit and is still worth circa $81m.
I think EGO would be overvalued right now at 2c. I don't see massive upside, no more than 50%.

Will EGO make a $12-13m NPAT in next few years? therefore being valued at $120-130m on a PE around 10. That's what it would need to make to be priced at even 2c.