ENG 0.00% 89.0¢ engin limited

I brought Engin some time mid last year when they were 17c,...

  1. 1 Posts.
    I brought Engin some time mid last year when they were 17c, reason being is they were thinking of releasing naked DSL so I though them becoming some what of an ISP would help them grow as a company and be able to office more services. Plus with the backing of Seven, I was confident they weren't going to go broke any time soon. I still have the same belief that they will grow and hopefully after they release their naked DSL services, things will start to go back up (I hope anyway!!)

    As for the sharp decline....I have no idea! I know their making no money with their current VOIP service but they have a large customer base so if a majority of those customers start using naked DSL, plus TiVo, then there should be a decent jump up I guess?
 
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Currently unlisted public company.

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