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ENET Ethernity Networks Ltd

0.90
0.025 (2.86%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ethernity Networks Ltd LSE:ENET London Ordinary Share IL0011410359 ORD NIS0.001 (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  0.025 2.86% 0.90 35,204,595 16:25:51
Bid Price Offer Price High Price Low Price Open Price
0.85 0.95 1.05 0.875 0.875
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Communications Equip, Nec USD 2.94M USD -8M USD -0.0212 -0.42 3.4M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:29:45 O 50,174 0.8715 GBX

Ethernity Networks (ENET) Latest News (5)

Ethernity Networks (ENET) Discussions and Chat

Ethernity Networks Forums and Chat

Date Time Title Posts
20/4/202409:10Ethernity Networks -5G Superstock in the making35,145
28/3/202407:18Ethernity Networks: Next Gen Networking/Comms IP & Tech7,282
11/1/202412:51We Told You So17
07/7/202308:03Ready to go299
04/7/202309:12Ethernity Networks Ltd683

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Ethernity Networks (ENET) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-04-19 15:29:460.8750,174437.27O
2024-04-19 15:28:480.951061.01O
2024-04-19 15:26:310.854,23836.02O
2024-04-19 15:25:470.9025,000225.00O
2024-04-19 15:24:240.90150,0001,350.00O

Ethernity Networks (ENET) Top Chat Posts

Top Posts
Posted at 20/4/2024 09:20 by Ethernity Networks Daily Update
Ethernity Networks Ltd is listed in the Communications Equip, Nec sector of the London Stock Exchange with ticker ENET. The last closing price for Ethernity Networks was 0.88p.
Ethernity Networks currently has 377,642,243 shares in issue. The market capitalisation of Ethernity Networks is £3,398,780.
Ethernity Networks has a price to earnings ratio (PE ratio) of -0.42.
This morning ENET shares opened at 0.88p
Posted at 20/4/2024 08:38 by purchaseatthetop
“PWhite73 - 09 Mar 2024 - 11:17:17 - 33059 of 35143 Ethernity Networks -5G Superstock in the making - ENET
patt - "So, anybody can speak at these events if they pay $545"

Of course they can't. Why would you want to speak at a WispAmerica event if you're a brick layer? You must have a direct or indirect connection to wireless communication to even be invited.

The point I'm making is that all these AIM companies attend global conference events to lend credence to their existence. Attendance has no commercial impact on their products or services. Its just a publicity stunt.

The product must as a stand alone unit be of commercial value to the wider market.

I have seen no evidence to date that ENET are part of Tarana's ngFWA. That is the news everybody is waiting for that is yet to materialise.

I have proffered my view that Tarana have not renewed their contract with ENET you say otherwise. I am still waiting to be proved wrong.

That's it from me. I want you to enjoy your holiday weekend.”


Glad the see that this is proven wrong. Whether there are H1 sales or not, it is clear Tarana are completely linked with Ethernity in both G1 and G2. That alone should secure the future. If we can sign one of those “expected̶1; PON contracts then everything will look rosy. But that comes with an “if”.
Posted at 19/4/2024 06:00 by halland75
Israeli has retaliated.
Not the devastating attack many expected.... thank goodness, no loss of life.

Iranian leaders had threatened an immediate and strong response to any Israeli attack - we'll see.

Market hates uncertainty, they will be unnerved.
This does not bode well for ENET.

Let's see where the share price goes 😱
Posted at 16/4/2024 18:16 by bantamboy
Great to see such a positive reaction to the Rns today 🤣🤣🤣🤣
The BOD really excelled themselves to give a full comprehensive update on how the Business is doing 🤣🤣🤣
Good to know we're in trust worthy capable hands 🤣🤣🤣🤣
I just can't understand why the share price has gone from 60p to .80p 🤣🤣🤣
Really great wealth building stuff this BOD are creating for its valued shareholders 🤣🤣🤣
BOD... thanks for all that hard work you've put in for us 🤣🤣🤣🤣
You Absolutely deserve you're mega salaries & Bonuses 🤣🤣🤣🤣
Yes sirs.. thank the Lord we've got you lot running our investment 🤣🤣🤣
Posted at 14/4/2024 08:53 by collywobbler
And to think you haven’t even reached the length of time I was an enet shareholder. But I think you remember as well as I do what happens to the share price when actual bombs are being dropped on Israel. Poor patt
Posted at 13/4/2024 07:52 by eeza
"If the market knew that Tarana sales were growing then the share price would be miles higher than today’s price."



If we had a businessman as CEO it would be.


Unfortunately we have Levi.
Posted at 13/4/2024 07:34 by purchaseatthetop
The importance of things like DigitalC is that we know Tarana are in “full on growth mode”

“As demand for Tarana's next-generation fixed wireless access (ngFWA) platform G1 continues to grow in the US and abroad, Alwan said the latest round of funding will primarily be used to scale sales and operations.
"This capital is for scaling our sales team, but also working capital, and all the pieces we need to kind of continue to grow ... We have some larger customers that are coming on that have unique requirements as well," said Alwan. "It's game-on in terms of scaling."

It is now ten months since the last notified sales to Tarana on $1.5m. So either sales have fallen off a cliff and Tarana are not growing or we have been happily supplying Tarana new SoCs for the last months on a call off basis. That does not need RNSing. Or of course, before Pwhite says it, Tarana have completely redesigned their entire G1 system in the last 10 months so they don’t need Ethernity IP.

If the market knew that Tarana sales were growing then the share price would be miles higher than today’s price.
Posted at 07/4/2024 11:08 by purchaseatthetop
Certainly looking forward to hearing about Tarana progress. That would ensure the future is certain cashflow wise and give a serious share price boost. We are priced to fail right now.

Extraordinary given the incredible partnership Ethernity has with Tarana. Probably the best led, best funded, best product, best R@D, best future compsny I have ever seen.

And they are still the only FWA compsny whose 6Ghz unit can be used commercially


“Milpitas, CA — February 19, 2024 — Tarana Wireless, Inc. announced today the Federal Communication Commission’s certification of Gigabit 1 (G1), the company’s next-generation fixed wireless access (ngFWA) broadband platform, in the new unlicensed 6 GHz spectrum. Tarana is the first manufacturer to receive an Equipment Authorization Grant from the FCC in 6 GHz.”

While the competition, Cambium is…
“The purpose of this document is to provide the instructions to do the paperwork for the OET (FCC Office of Engineering and Technology’s) experimental license and avoid incurring attorney’s fees. The process outlined in this document is applicable for the Cambium ePMP 6 GHz product line.
This document assists you in filing for an experimental 6 GHz license. The experimental process can take between thirty (30) and forty-five (45) days. Sometimes, a customer might need to get an FCC lawyer involved for assistance with filing and paperwork.”
Posted at 06/4/2024 20:37 by onlyprofit
Thanks for the reply. My average is 2.5p and I want the share price to rise but it seems it is stuck around 0.70 and the share is not moving. You can understand my frustration as I have invested 22k in this share.
Posted at 06/4/2024 14:12 by bantamboy
I think all you guys on here need to listen to pwhite tbh..
He's done his research & speaks the truth about Enet..
I know for certain that tarana have finished with the services of enet & you'll never hear enet reference them in any updates again..
It's pretty much over for Enet now.. what you're witnessing here is the final last breaths of a dying man wanting to go out singing & dancing..
I won't go on much longer..the man Will just disappear & die ..
Posted at 06/4/2024 11:07 by pwhite73
ENET financial year runs from 01/01 - 31/12. A quarter of 2024 has already passed.

The Business Update of 28/03/24 states - "Based on the scopes of work being discussed with these potential new customers, should they lead to contracts, they could contribute between $2.2 million and $3 million to the Company's revenues in 2024."

In the Proactive interview of 03/04/24 at 0:31 - 0:42 Tevet says - "So we are currently in advanced talks with two OEM customers. We've been testing our UEP platform extensively. We are planning to launch solutions based on our technology in the coming months".

You don't need a PhD in mathematics to work out that six months of 2024 would have passed before they launch the UEP25 never mind signing any contracts.

However the above is all a distraction from the white elephant in the room.

Tarana are on a massive global expansion plan with its ngFWA. If ENET are still part of their programme this is where the bulk of their revenue for 2024 will come from. Why was this not even hinted at in the BUSINESS update. I put business in capitals because ENET by law have to advise the markets of any material change in their business. If they are part of Tarana's global expansion plans then that clearly is.

Conclusion.

There is only one conclusion PI shareholders can come to and its that ENET are no longer part of Tarana's global expansion plans and therefore as per the business update have to source new revenue streams. This is the reason why I believe the company has to protect itself from falling revenues by using the equity markets to recapitalise itself in the event the discussions with the two OEMs don't come to fruition.
Ethernity Networks share price data is direct from the London Stock Exchange

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