Ethernity Networks Share Discussion Threads

[504] 30/5/2023 18:54

A slow day today. Some buying wiped out by a double tap at the close.
It's not going to take much to attract attention to the share. There's already plenty in play for this year's revenue and it's just going to take a couple of sales reveals to top this year to $9m.
So next year really is the challenge but it has to be delivered this year. Ethernity don't need a $10m contract it's not the model and it would destroy the current fine cashflow balance and they need to build multiple opportunities. What they need is a volume of OEMs onboard to achieve a major step up next year. It's quite reasonable to think that with a full year of sales and production on FTTR and PON in addition to everything else we know about that $9m will become $15m. It's the rest that they have to account for because it must escalate next year.

Until then we wait for information about further progress.

[mark0419] 30/5/2023 17:38

Everyone would be very embarrassed losing 360k on itx bushveld agl and now ENET.Advfn biggest loser

[purchaseatthetop] 30/5/2023 12:54

Joinednow. They are as busy as hell and will not disclose anything right now. They have let us know exactly where everything is with the trading update recently so we can assume they are progressing their declared strategy.

[joinednow] 30/5/2023 12:48

Quietly confident i hope.

[purchaseatthetop] 30/5/2023 12:26

Correct papillon. We are so far off the radar we are starlings. Until the right RNS appears.

[papillon] 30/5/2023 12:21

"loads of sells"? Only 3 small trades so far today according to advfn trades data.
Nobody is interested in ENET.

[joinednow] 30/5/2023 12:10

We wait.

Anyone had contact with company. Usually such responses are :- we will be informing the market soon.

[mark0419] 30/5/2023 11:53

PATT are you sneakily selling again.......loads of sells

[purchaseatthetop] 30/5/2023 10:43

Why feel sorry for me. I don’t post to annoy you. I really care zero about you. I am having a great time working on my ambulance today in lovely weather and thinking about driving to our place in Italy late June for six weeks. Amazingly 2023 rental season is sold out and 2024 almost full already aswell. So, thanks for your thoughts but no need!

[archy147] 30/5/2023 10:40

Oh dear. What a sad person you are.

Believe it or not, I'm actually starting to feel a bit sorry for you now!

[joinednow] 30/5/2023 09:47

my average around 12p now.

[joinednow] 30/5/2023 09:46

I recently had another small top up , desperate to bring my average down, now over 400,000.

[joinednow] 30/5/2023 09:32

We wait, encouraged that Prem Mit are still on board, but fearfull the bod are running out of lube!

[504] 30/5/2023 09:11

2.808 to buy so reported in red.

[archy147] 30/5/2023 08:35

Patt I was being generous when suggesting you were a paid ramper!

At least then your thousands of posts on ENET - and all the other collapsed stocks you’ve championed - would at least have some value to someone.

So, if you’re not being paid to endlessly ramp these dogs, why DO you spend your life doing it? Genuine question.

[joinednow] 30/5/2023 08:02

seems 5g have made a series of losing calls? why should they be right here?

[joinednow] 30/5/2023 08:01

They are not a helpful fund.

I do not have the knowledge to make that assessment. Yes why?.

We have a bb that is super bullish despite years of underperformance.

Since that is the case I only extrapolate the trend down and suggest an alternative view using the trendline as a base.

I recognise and hope that the bulls are correct as i am sick and tired of them being incorrect time after time year after year.

[j arthur rank] 30/5/2023 07:52

Excuse my ignorance but what do we know about 5G Innovation Leaders Fund and why would they buy 6.6 million shares at 2.8p if they thought ENET was going down the drain?Granted there is massive dilution on the way but still a bit odd don't you think.

[joinednow] 30/5/2023 07:26

Or am i being too optimistic?

Are enet setting targets they will never be able to meet ( seems that way on the evidence so far) , signalling to the market they will delist?