Dont doubt there were signs of a positive turnaround but the stock is still languishing below a heavily discounted capital raising at 12 cents on the back of other raisings at much higher prices. Hardly a success story
The annoying thing about this stock is the lack of disclosure - no presentation with the year end results, they dont appear at conferences at all. Now they are in Melbourne they are closer to their major shareholders who will know much more about their prospects than the rest of us.
The stock will only go up if new investors come in. It aint happening on the back of the three already there. Promote a good story if you have one to tell.
EGN Price at posting:
$1.05 Sentiment: Buy Disclosure: Held
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