Ethernity Networks Share Discussion Threads

[collywobbler] 07/3/2021 18:11

Shay there shonny what’s you shtayin for? The shhhweeet Shhallad Shuckatashhh

[rayj1] 07/3/2021 17:58

What's you staying in for ?

[escapetohome] 07/3/2021 17:56

Sell then.

[escapetohome] 05/3/2021 00:03

Im hangin’ on. Big market, proven people, right time, right places, growth area. Ill at least give it a year. The product is there for the taking, can be sold right now. This is the year for Enet.

[rayj1] 04/3/2021 22:45

Last 4 months is been stuck ! Like really stuck.

[collywobbler] 04/3/2021 22:09

Yes Ray I mean the share price has only doubled since November , nothing gets it moving does it . Ffs

[rayj1] 04/3/2021 22:05

I think unless you want to take the risk this is a sell. I don't see this stock going places and better invested elsewhere. This price has help for like months now ! Nothing moves it.

[astralvision] 04/3/2021 19:52

Made a mistake in my last post, apologies.At current levels of share price then £800k would indeed take them over 3%.Ignoring the almost 10% discount they get, then 3% equates to something like £500k, give or take.

[astralvision] 04/3/2021 19:46

If 5G have sold down in the liquidity of last November/December then they won't have 3%.The subscriptions announce today in themselves shouldn't take them to 3%, but, in any case, the shares for those impending subscriptions have yet to be issued.

[greg the grinch] 04/3/2021 19:38

av we are in the dark - I am sure the picture will get clearer and we willl appreciate the method in their 'madness'. :o) I reckon 5G have over 3% - get someone on LSE to check with ENET?

[astralvision] 04/3/2021 18:46

Think the points are , in no particular order-We don't know when good news is coming, the 5G arrangement gives a certainty of funds and ENET can plan accordingly.-Similar with the warrants, subject to both the wider market and ENET specifically, they cannot be counted on at this stage, although we all hope they come in , got just over 4 months for thatWe don't know if 5G should issue a holding RNS. The fact that they haven't means we must assume they hold under 3%.We don't know if they are privy to inside info or not and at what point that position would change. They haven't asked for shares to be issued yet. ENET, imo, behave in the correct and proper manner, so no reason to think anything other than they are continuing to do that.

[astralvision] 04/3/2021 18:33

Hi g the gAppreciate your points, there's two sides to this.Clearly it's done and this is the route we are going down. Let's see what happens!

[greg the grinch] 04/3/2021 17:08

Positive? How about put out the good news then let the share price rise and then make 5G pay a truck load more cash for less dilution? Or good news = warrants and no more dilution? ENET control the fundraising - they did this and it is not positive. There are positives and negatives in this raise but lets be balanced in our analysis. I'll say it again I am not selling :o) Med/long term still a great play. GLA

[greg the grinch] 04/3/2021 12:18

At the next raise we need Spock to do a mind meld and make 5G choose the highest 5 days.

[greg the grinch] 04/3/2021 12:16

Just want to make the point I am not selling any shares :o) I thought the 'three Tier 1 server providers' news was not main RNS worthy, because surely all serious server providers will test out all of the relevant equipment from all of the possible sources - they would be stupid not to considering the £$ involved. Test results would be good - assuming we are top of the pile. GLA

[outlawinvestor] 04/3/2021 11:55

Thanks for that correction Greg. 5G get £438,000 worth of shares for a £400,000 consideration. Actual price per share is based on a 5-day VWAP. https://www.investegate.co.uk/ethernity-networks--enet-/rns/share-subscription-agreement/202009250700010579A/ The number of subscription shares to be issued will be determined by dividing the gross subscription amount (or a part thereof) by the average of five daily volume-weighted average prices selected by 5G Fund during a twenty trading day period immediately prior to the date of their issue, rounded down to the next one tenth of a penny (the "subscription price").

[astralvision] 04/3/2021 11:54

The December update indicated that sakes for 2020 would be up to market expectations and that they had good visibility on 60% of this years forecast sales. That included nothing wrt ACE NIC cards.So lack of sales looks very unlikely. In which case I'm happy to take them at their word, that they are making good progress and progress and development costs money.We've had the recent news of the DU product and the three Tier 1 server providers as firm evidence of this progress.I view this as positive news and I think we can expect further news flow in the not too distant future.All imo.

[greg the grinch] 04/3/2021 11:48

5G... I seem to remember they have a deal to buy at month lows, which happened to be 8% less than current SP?

[greg the grinch] 04/3/2021 11:46

Markets dont like uncertainty, and lack of transparency erodes trust and facilitates uncertainty. Did they do this because sales have not lived up to expectations? In that case getting funding away at possibly 30p was a good move? Again we keep guessing, but 5G have access to all the info? The needle mega push will come with visible sales leading to breakeven or a profit and better times ahead. Sittin and waitin...... GLA

[outlawinvestor] 04/3/2021 11:46

I see it as positive, or at least necessary. A lot of the industry news I am reading hints at CSPs gearing up for infrastructure investments and OEMs accelerating product research, development and deployments. This really is the moment for component vendors like ENET to step up, be shipshape, upright and ready to supply/support. Of course not every activity will lead to sales, and the timing of sales is still unpredictable but as they say you've gotta to be in it to win it! Which requires funds! Re pricing - my interpretation of the agreement is that the discount is fixed i.e. 5G receive a c. 8.7% discount to the market price when shares are issued.

[dplewis1] 04/3/2021 11:13

It is neutral, I agree. However I believe there will be some more interesting newsflow soon rather than the interminable warrants / funding ones. We'll have a new chairman shortly and potentially news on how field trials are going .. I don't think it'll take much to move the needle

[greg the grinch] 04/3/2021 11:04

...........hmm, I am beginning to sound like a grinch and it is not Xmas.