Ethernity Networks Share Discussion Threads

[kcowe] 25/5/2023 07:33

Astral I was only saying this the other day.
kcowe - 22 May 2023 - 13:30:36 - 20053 of 20262 Ethernity Networks -5G Superstock in the making - ENET
Management have shown to date they're not up to the task of building a profitable company ....the tech might be A1 but if they are unable to gain traction,maybe they need a partner. with deep pockets to step forward .
If there is slippage again .What price to secure funding then?

[seagreen] 25/5/2023 07:33

Proof this thread was correct they need another raise to survive.End of story.So when the share price is 1p do they reduce the warrants again? They need a proper fund raise of say £5m at 1 pence.Run by fools for fools

[joinednow] 25/5/2023 07:32

How many more you buyin’ Patt?

[dplewis1] 25/5/2023 07:30

Lol I was waiting for the first numbnuts to say "it's actually very good news" .. congrats to amarillo you win bb bingo

[joinednow] 25/5/2023 07:28

You buyin’ more patt?

[jack jebb] 25/5/2023 07:27

LOL!

advfn - the home of calm, rationale, adult debate :)

[joinednow] 25/5/2023 07:22

Why did they attempt so many products?
We just need one or two successes, then we can develop the other products when there is cashflow.

[amaretto1] 25/5/2023 07:21

It's actually very good news !! Basically telling you the share price is going to 7 pence level in the very short term. If you don't understand this ... I'd give up !

[astralvision] 25/5/2023 07:20

dpl They need someone to take them out, I'm convinced of that. I don't think they have an independent future, simply haven't got the resources and they've painted themselves into a corner.Now we know why no extra deals signed, customers or potential customers don't want to sign up with a cash strapped company.

[astralvision] 25/5/2023 07:17

No it isn't, might be absolutely brilliant at these levels

[astralvision] 25/5/2023 07:17

kcoweTbf it was MR that made the 'no brainer' comment. And seeing as he's the most inept fd ever, that puts it in context.

[astralvision] 25/5/2023 07:15

I seem to remember MR once saying they couldn't or wouldn't change the price of the warrants. Still, desperate times call for desperate measures I guess.Mind you, 7.5p would be a result from where we are now.

[kcowe] 25/5/2023 07:15

Just shows what belief the company has going forward ... moved the goal posts .. Thought 20 p was a no brainer .. the company is a laughing stock ... as ia PATT and 504

[dplewis1] 25/5/2023 07:15

Astral I think the part you highlighted is to do with the dreaded "financial strength requirements" that tech firms will look for and that Ethernity are clearly lacking

[joinednow] 25/5/2023 07:14

I hope so, but my guess is no.