in discussions over various transactions

Hope some were lined up
Sydney - Tuesday - Sep 12: (RWE Australian Business News) -
Engin Ltd (ASX code: ENG) today said it was in discussions with a number
of parties in relation to various transactions, including possible
capital raising opportunities with institutional, strategic or
sophisticated investors.
The company was responding to a stock exchange query over a rise
in its shares from 22.5c on September 4 to a high of 34c yesterday.
"The discussions are continuing and no agreement on any
particular transaction has been reached," company secretary Mr Paul
Jeronimo said.
"The company is currently seeking advice on the possible options
from its advisers.
"There is no certainty that any corporate activities will
eventuate from these discussions," he said.
Engin shares fell 10.5c to 23c at one stage today and later
improved to 29c.