Ethernity Networks Share Discussion Threads

[purchaseatthetop] 15/7/2024 12:44

Which is why I track Tarana. That is where the news is coming.

[realdealy] 15/7/2024 12:37

Unless they redeem themselves with some stellar contract news PDQ, they will never be raising money again on any exchange.

[eeza] 15/7/2024 12:18

"I have demanded an RNS explaining this snd any other aspects mysteriously excluded from the RNS as it is equally valid for further conversions."



The Levi magic, revealed in all its glory.

[bbmsionlypostafter mk2] 15/7/2024 12:03

PATT,

In light of this rounding down issue coming to light are you selling out before the RNS announcing this comes out?

Even if you still believe in ENET surely you could buy back cheaper once this info hits, no?

[realdealy] 15/7/2024 11:57

What a horrific arrangement rounding up.

Sounds like they're falling over themselves to give the company away for peanuts.

Maybe they're monkeys.

[bantamboy] 15/7/2024 11:52

Liar Levi is a spinless crook & I have emailed that many times & I've also emailed the rest of the BOD the same..
This is totally uninvestable now.. it's not an even play field...
Dealer wins again & again 😔😔

[pwhite73] 15/7/2024 11:40

patt - Thanks for getting to the bottom of it. The lower the share price falls the bigger the percentage round up. So 0.395p becomes 0.3p a near 25% discount as opposed to the RNS reported 15%.

[whoppy] 15/7/2024 10:42

Markets always get things wrong. They can never account for unannounced news. It's why shares can go up 100% in one day as the market catches up. Too late if you're not in.

[realdealy] 15/7/2024 10:33

For me based on the opinion of the market, which sees the share for what it is. What value the share price?

Working capital?

Markets can sometimes be wrong and they were here. They were too optimistic.

[socionomics] 15/7/2024 10:28

"This company ceased being an investment many moons ago sadly"

Based on what? was it the recent $1M contract?

[dplewis1] 15/7/2024 10:24

I wonder how many times bulls need to be deceived to call it out for what it is..? This company ceased being an investment many moons ago sadly, CEO and chairman complicit in value destruction

[realdealy] 15/7/2024 10:20

..... And just think. ... They'll be coming back for even more lube with the usual claim we don't need the cash..

[realdealy] 15/7/2024 10:17

Like I said giving away the company.

[realdealy] 15/7/2024 10:16

That's the way to make confetti and a picture frame for your share certificate.

[purchaseatthetop] 15/7/2024 10:03

OK. I have an explanation for the 0.4p. It isn’t good…..

Spoke to NOMAD. The VWAP is calculated and 15% discount applied. All well snd good as per RNS. Then it is rounded down to the nearest 0.1p. So 0.495p would become 0.4p. But this was excluded from the RNS. So New Tech are getting 15% discount plus up to another nearly 20% if the Adjusted VWAP is 0.495p.

I have demanded an RNS explaining this snd any other aspects mysteriously excluded from the RNS as it is equally valid for further conversions.

[socionomics] 15/7/2024 08:11

Let's come back at the end of the week then :-)

[bantamboy] 15/7/2024 08:01

0.25 - target 🎯 for end of the week 🤣🤣

[socionomics] 15/7/2024 07:53

4p+ target:

[realdealy] 15/7/2024 07:25

Levi negotiates another dud one.

[whoppy] 15/7/2024 07:08

Decent contracts will see gains from the current share price

[purchaseatthetop] 15/7/2024 06:58

The nasty kicker with the loan deal is that even if great news is now released then New Tech can still convert tens of millions more at low prices.

Remaining balance of loan £405k
Say exercise price is 0.6p
40m*0.6p is £240k
So they can convert another £165k at 0.6p. So another 30m shares or so.

[bantamboy] 15/7/2024 06:48

Next news will be a cash grab placing @ 0.30 and options reset at 0.50 🤣🤣
You know it's coming!!