ENG
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0.00% 89.0¢ engin limited

Standup... Champion.... Mate......Yes - please - lets deal with...

  1. Cicatriss
    51 Posts.
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    14/08/08
    16:52
    Post #: 4111242
    Standup... Champion.... Mate......

    Yes - please - lets deal with the facts here.

    How can you say ENG will require cash in the short term - with $6m in the bank.

    ENG showed they have reduced their burn to -1m EBITDA in the last qtr..... down from the -4.2m in Sep & Dec07. Why are you using the 9 month old performance result to extrapolate forwards?
    ENG Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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