Hi StandUp,I agree with your sentiment- No need to cap raise if...

Hi StandUp,

I agree with your sentiment- No need to cap raise if they get taken over!

Would it be at a premium to the current SP???


No-one can know for sure if what I speculate on will come to pass but it is looking like a good possibility.

The last time the cap raising was announced in Feb 08 @ 3c the ENG SP was at 5c, after the 3c announcement the SP fell to 2.5c.

I will wait until the AGM on 27 Nov and see what they say about the current health of Engin. We can only speculate so much. I hope they can turn it around for th sake of ENG LT holders.

For the moment I am changing my sentiment to None. I just can't get my head around it!