Ethernity Networks Share Discussion Threads

[purchaseatthetop] 17/5/2023 15:55

Well. Nothing going to happen for a bit (sorry steadiereddy). RNS with placing tomorrow and then it is a matter of when they decide to release news.

[purchaseatthetop] 17/5/2023 14:56

Simpler just to list all AIM stocks.

[joinednow] 17/5/2023 14:37

I hope so, unless they knew it would look good staff buying and gave them a backhander.

This is AIM , you know.

be prepared, for what you dont expect.

[504] 17/5/2023 14:35

Maybe it's just a smoke screen and they don't exist.
I am seriously wondering if the whole thing is just a dream. Few more for me today. Nearly done.

[purchaseatthetop] 17/5/2023 14:29

I think to follow up on the “emergency liquidity crisis cap in hand cash raise” idea that we also need to ask just why non BoD employees would buy £33.5k worth at 3p. Far from these staff approaching the BoD asking to buy, I think the BoD told staff “buy some now at 3p. One off bargain bucket”

Cannot see any liquidity crisis when that happens. Staff know.

[amaretto1] 17/5/2023 14:10

Already had the P + D ... now the realisation

[amaretto1] 17/5/2023 14:09

Like CIZ then..... which will imo see 1.5 by June ! Fingers crossed.

[purchaseatthetop] 17/5/2023 13:48

JJ. I will do an ECG on Ethernity tomorrow and tell you if it still alive.

[jack jebb] 17/5/2023 13:39

I'll post the latest shareholder list tomorrow from my Bloomberg Terminal, though it wont be bang up to date after the recent extra shares yet.

[504] 17/5/2023 13:28

So as I see it there are two options.
Either you think that the share price is trash because they have found it very expensive and difficult to raise money on the AIM
or
The technology is not going to sell, the market for the solutions either is too small or not ready.

Personally I am in the first option. The share price has been walked down on successively weaker fundraising creating an expectation of continuation and the fear of what Bergen may do but so far hasn't.

So I look to a time of self sufficiency. A time where they don't need to go to the market for funding.
I am positive and a buyer because I see that ahead.
If you don't then you'll be negative I am sure.
So when will that be. It's why I say 2024 is such an important year. They need to be able to step well out of the grey $12-15m revenue zone into clear profit. It's very achievable to step to $25-30m if they can have 8-10 active sales streams.

Anything that happens now with the share price is irrelevant to the future and most people posting here will be long gone.

[purchaseatthetop] 17/5/2023 13:21

dplewis posted "This had all the hallmarks of a cap in hand rush job to stave off a serious liquidity crunch."

Not sure about that!

Lets just assume that the RNS is truthful: "These have included the Company taking advantage of the opportunity to acquire sophisticated test equipment that would accelerate the time to completion of product testing with customers, as well as an early component delivery that the Company had to take to ensure that it did not lose the components"

Now, DL owns 11% of the company and would he really allow a liquidity crunch to develop by actually accelerating it by buying advanced testing equipment etc? Plus there has been no deferred salaries etc etc declared.

It has more of the hallmarks of the BoD wanting to really accelerate things and needing the cash to do so. Going to the likes of Premier Milton and showing them why and giving them a 50% discount to buy into it.

[skid35] 17/5/2023 13:13

Mindthegap, are you trying to compete in the stupid levels with our two resident baldricks?
So the number of share in issue and share price determines value ? Reminds me of people who think all penny shares are great value.

[504] 17/5/2023 13:12

You are right. The contracts are all fake, the revenue is all fake and the products are just empty boxes. The whole industry is wrong, people don't need internet access at home and won't pay for it. The whole thing is a scam.

Happy

[casholaa] 17/5/2023 13:06

Bots constantly driveling out ramps

[quantas01] 17/5/2023 12:47

I see PATT failed to answer you DP.

[1liam] 17/5/2023 12:41

The drop continues

[dplewis1] 17/5/2023 12:39

NT to sell more than 500 quids worth .. whoops

[astralvision] 17/5/2023 12:13

who needs strategic investors when we've got our supportive funding partner, according to MR, in the shape of Bergen!