What's going on with the Enaleni Share Price

[MehmoodHaffejee]

There's been a steady drop in the share price, despite all the good news around the company. The financial results have been good, and recent acqusitions are starting to pay off. Does anyone have a clue as to why the price has been heading south ?

[#2]

You are right the results were good but the market expected better. The value of all the acquisitions has already been fully priced in. Looking for more

[#3]

I wouldnt worry too much, I got a bunch at 400 which Im going to sit on until the announcement for the next buy.. they still expanding and looking for new products all the time.

[Harley]

Hang in there guys and girls. Enaleni seems to be the next Aspen. Patience......

[#5]

Fundamentals and tech's are looking good... Love the volume spike 2 days ago. Something in the sleeve? Looks highly undervalued to me.

[DCTrader]

Any thoughts on this one... chart looking good and volumes are up...

[#7]

Had a look at the candles, seem to be nice resistances every 5 cents - they open and close exactly on these resistances/supports. A break above 420 and I'll go long. Any other thoughts?

[Chem_I]

If you look at the greater picture enlani keeps on consolidating between two lines, but for some reason it doesnt want to jump of the lower resistance line. In my opinion it has something to do with them issuing new shares today. Lets hope for the best next week.