This is another stock to keep an eye on. Here are some near term share price drivers.
1) SWERF testing yielding positive results.
2) Upcoming profit report.
3) Recent deal could further re-rate the stock.
4) Environmental concerns growing by the day could provide further government subsidies for ENE style products. There is massive demand for a solution to landfill.
It looks like sentiment is turning towards ENE and the share price target (6 month) is as high as $10-$12.
I think if the SWERF testing works we'll see at least $8. Anything less would be a great opportunity to jump on.
Energy Developments
Add ENE (ASX) to my watchlist
