ENG 0.00% 89.0¢ engin limited

I find it hard to believe the shareprice is still so low, This...

  1. 9,574 Posts.
    lightbulb Created with Sketch. 1023
    I find it hard to believe the shareprice is still so low, This is a "much" better company with naked ADSL2, cost down and a better managment team. Than when Seven payed 3cents in the right issue back in 4-3-08 before the announcement of a right issue the shareprice was .048cents.

    Going by the Chairman's address we are about to see the business rapidly approaching EBITDA and cashflow breakeven during this financial year.
    With the shareprice at .016 its half of what Seven payed and the company is now in a much better position.

    This is a true BUY
 
watchlist Created with Sketch. Add ENG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.