I think we are about to see a shareprice break out.
1) The Chairman's address to shareholders and the HY reports and accounts. I Quote from the report..Engin fundamentals are now stronger than ever with the business rapidly approaching EBITDA and cashflow breakeven during this financial year.
2) Only a small sell volume and shareholders holding unstill the FY report, only $10,000 would push the shareprice to 3.5cents and if the FY report shows a EBITDA cashflow breakeven .10cents would not be far away.
With equity market still low, ppl would be looking for ways to cut phone cost. Im hope to see a jump in ADSL2+ service and VOiP customers.
ENG Price at posting:
80.0¢ Sentiment: Buy Disclosure: Not Held