ENG 0.00% 89.0¢ engin limited

xagm ouch, page-25

  1. 56,679 Posts.
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    I would not be surprised if they are targeting Asia as a marketplace - possibly Singapore first - it was alluded to previously by the MD.

    Staying out until the dust settles and the price has been set and the sophisticated pigs take their money.

    Soon after the last raising, daytraders got carried away with this one as the dollars per client as per market cap at one point were both overinflated and unknown - speculation can kill any stock and burst the bubble.

    A few old links a reminders:

    http://www.voipnews.com.au/content/view/1000/1/

    http://www.smartofficenews.com.au/Business_And_Finance/News?article=/Business%20And%20Finance/News/News/G4W4Q2N6

    http://www.abc.net.au/insidebusiness/content/2006/s1595433.htm

    It is a very competitive field as seen by Astratel's recent increase to 20c for national calls.

    Simply, it is not the number of clients that are paramount, but their financials - investors need the figures.

    Love ENG - been good to me.


 
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