ENG 0.00% 89.0¢ engin limited

Well I would have thought this stock would have rocketed this...

  1. 123 Posts.
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    Well I would have thought this stock would have rocketed this week due to the introduction of Vividwireless. It was a very low key start and no fanfare at all but it seems that the punters are very happy with the service and pricing. It did have the usual doom prophets predicting it would be as useless as Unwired but they have now been proved wrong. Now the masses who were stuck on Telstra's useless Pair Gain lines or those with on the 3G slow wireless connections or Telstra's rip off Next G contracts have a real solution provided by Stokes Seven Group. This 4G network will be the new force in ISP's.

    http://forums.whirlpool.net.au/forum-replies.cfm?t=1273570&p=23

    But why hasn't Engin put out a press release as ENG supplies the VOIP for this system.

    Quote from Vivids web site

    1. vividwireless home gateway kit [Greenpacket DX230 802.16e home gateway]. Our standard product, intended for use by fixed-location PCs in the home (although it can be used by any form of computer). The computer connects to our home gateway using an Ethernet cable, or by using Wi-Fi. This gateway has a phone port so that a regular telephone can be connected. Telephony services will be delivered using the Engin voice service.

    and unmetered as well http://www.vividwireless.com.au/promos/unmetered-sites

    So if Vividwireless is the success it seems to be we should expect to see Engins value rocket???? From what I read to use voip on this system it has to be Engin or nothing at all.

    A bit fishy that no announcements have been made.. so do the Stokes quietly want to increase their 58% holding to %100??
 
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