Another thing on the capital raise talk. Why would ensogo need...

Another thing on the capital raise talk. Why would ensogo need to raise capital. During the acquisition stage you need capital, but ensogo is in consolidation mode and can still grow. Systems are now set and are continually being streamlined. Costs are being reduced so profits can be made. Sales will continue to grow from here because it's the growth market business model that were in.

the other thing about ensogo I like, is the products they are selling. A lot of them are service type products, ie) dinners for buffet's, tickets to theme parks, holiday destinations, etc etc. unless I know little about business but these items would be sold on consignment. No upfront monies required, just a commission for the sale. Sure there are tangible items like iPads, perfumes, alcohol, gadgets of which some would be purchased, but most is purely consignment with little to no cash outflows.

People are becoming more and more tech savvy and more time poor. Hence ensogo.

The share price will turn. As for were the share price ends up? Who knows, but I would still suggest the sky is the limit, and the goodwill of 100 million, I would suggest this is conservative and pretty much spot on based on the databases and intellectual property e88 owns.