re: asx reverse speeding ticket id say you dont know too...

re: asx reverse speeding ticket id say you dont know too much...

229,125,104 shares currently on issue
50 million more in the pipe line

with the new issue at 20c that would value the company at

$55 million market cap
OR
$1774 per customer at this price. (31000 customers)

In February they had 24,000 customers
Thats an increase of 7,000 customers in 4 months
or an almost pathetic increase 1750 customers per month.

At that rate it will take 571 months or 47 years for ENG to have 1 million customers... hardly what Id call a high growth stock... this one has been ramped to all bugger...i warned people all this company will keep consistently doing is printing more shares.

So oversold or over ramped? ....let the figures speak to you and not the rampers!