Basic maths. Binary means yes / no, it doesn't mean equal weighting. |
Tarana is still around. US based Tier 1 aerospace customer is still around. ASIC OEM customers are around. Nothing has left the building |
If DL pulls this off it’s 5 pence ! Best binary bet listed Risk / reward here is significantly the latter .. No Matter the clueless noise. I’ve added a few .. nothing has changed from last RNS ! over to you skid mark or one of your other avatars |
Finally DL has cottoned onto minimum purchase requirements .. yes David this is preferable to developing products for a customer with zero commitment. A day late and a dollar short as usual |
Oh and of course it's going to cost to do it but it's fine... customers will pay the costs lmao. |
The market is not disillusioned.MMs tried to make a few bucks on a drop but buyers have gobbled uo the shares. |
“The Company estimates that the overall non-recurring engineering ("NRE") amount for the ASIC would be in the range of $15m-$17m, including ASIC design, contribution to Ethernity and the associated IP, which would need to be funded by the prospective customers and be accompanied by minimum purchase commitments for the finished product.”
If they had done this with the China/India OEM who dumped the product then everything would be very different. |
0.12p from zero. |
It’s exactly the same price to buy has Monday Nothing has changed Apart from the usual RAT pack troll gang All of whom are pretty sick in the head |
The market is not disillusioned.MMs tried to make a few bucks on a drop but buyers have gobbled uo the shares. |
They always are Exactly the same situation Sighn a contract .. boom It’s that simple to understand What it does show .. they are a float |
Sorry Wash I was relating the statement to historic overly enthusiastic headlines. It's still Jam tomorrow, I don't see any reliable revenue news. I have no doubt all working hard but they are desperate for cash. |
Bets on a blue finish ? |
It's a prelude to "We have run out of cash, due to reduced orders, due to price increases" |
The verdict.... NOT LOOKING GOOD AT ALL |
Snooker - maybe email the market makers who also seem to have read it wrong just like everyone else |
SpaceX/Tesla? |
The share price will talk and help you "know". |
Oh dear.. we have even less money than we thought coming in but whoever buys us on the cheap will make money out of ASIC which all the old shareholders funded.. boiler shop scam personified.. |
What are you all so pessimistic about. Does not this updated mean..We are close to the finishing line and we are excited about the newest opportunities. . $ 100 m company soon. .I can see no change in the companies future from this update. It's all good news.. |
Not sure about Israeli law. In the uk the directors are directly liable for fraudulent and wrongful trading. |
Read the RNS carefully. |