Ethernity Networks Share Discussion Threads

[simonsmithiv] 01/8/2024 07:37

I thought about demanding another RNS

Lololol

[onsideman] 01/8/2024 07:34

purchaseatthetop 1 Aug '24 - 08:12 - 38420 of 38425

New Tech converted at 0.4 and can sell now at 0.67. 70% profit
Anybody could have bought at 0.55 and now sell at 0.67. 20% profit. Could have sold at 0.73 for 40% profit.
It’s a matter of timing!


True but nonetheless sightly disingenuous. They are inside and also in a position to control much of the fluctuation

[purchaseatthetop] 01/8/2024 07:26

I thought about demanding another RNS but I also like the fact that I get information sometimes if I need it. As long as we know the real situation that is OK.

[daddy warbucks] 01/8/2024 07:25

I can only use the official Rns details as ammended. If there is to be another amendment of the amendment then I will use that one.

Thanks for your reply in any case.

[snooker40] 01/8/2024 07:24

The rounding down calculations are at every stage of the mathematical process and not just at the end. The net effect is lower value for New Trch to use to our detriment.

[purchaseatthetop] 01/8/2024 07:19

Daddy. Sadly I have seen the calculations of the 0.4p conversion from the Nomad and I can assure you that I am right. The RNS did not include all the calculation details. I got the nomad to get an RNS to partly correct the omissions but omissions remain.
It is rounded down at every stage.

[daddy warbucks] 01/8/2024 07:14

Patt, I think you are mistaken.

This from the Rns…

Pursuant to the Investment Deed, New Tech was provided with a contingent warrant (the "Warrant") over new ordinary shares of ILS 0.001 each in the Company ("Ordinary Shares"). The Warrant was initially exercisable at a price of 1 penny per Ordinary Share, for a period of 45 days. Following the conclusion of this initial 45-day period (which has now passed) the Warrant exercise price (the "Exercise Price") is calculated as the average (in pounds Sterling, rounded down to three decimal places) of the lowest five daily VWAPs of an Ordinary Share (rounded down to three decimal places) during the twenty trading days before the receipt of a Warrant exercise notice by the Company, less a 15% discount, rounded down to the nearest one tenth of a penny. All other terms of the Investment Deed remain as set out in the Announcement. The Exercise Price of the new Ordinary Shares issued to New Tech pursuant to the first Warrant exercise notice, details of which were announced on 12 July 2024, was calculated based on this formula.

I am doing each days VWAP and showing if the five lowest days ( within the 20 working day period) were the same that the final figure would be used to calculate the next allocations share price.

At the moment they could redeem shares at 0.4p using the above formula.

[purchaseatthetop] 01/8/2024 07:12

New Tech converted at 0.4 and can sell now at 0.67. 70% profit
Anybody could have bought at 0.55 and now sell at 0.67. 20% profit. Could have sold at 0.73 for 40% profit.
It’s a matter of timing!

[realdealy] 01/8/2024 07:08

They want to reward money lenders but not shareholders.

[eeza] 01/8/2024 06:59

The genius of Levi on full display.

[purchaseatthetop] 01/8/2024 06:56

Daddy. It doesn’t work quite like that!

Yesterday VWAP was 0.706
Round it down to nearest 0.1p
Therefore 0.7
Take off 15%
Down to 0.595
Round down to nearest 0.1p
Therefore 0.5p

This illustrates the true horror. Because the VWAP just went below 0.6 after 15% discount, it then loses another 0.095 in rounding.

[daddy warbucks] 01/8/2024 06:38

I have calculated yesterdays VWAP as 0.706p.

Take off 15% (0.1059) = a minute fraction over 0.6p.

Rounded down 0.6p.

A good increase from 0.4p, but we need a lot more days like yesterday, before New Tech exercise more shares.

[purchaseatthetop] 01/8/2024 05:18

Tarana, who are already growing fast and taking whole market segments residential and commercial (yes there are those who say Tarana no longer us Ethernity SoCs…..which is silly) might be about to get growth on steroids.

I posted a Light Reading article about BEAD becoming funding more easy for FWA to access. This is really about to happen…



“WISPA has long held that BEAD’s programmatic exclusion of unlicensed technology was at odds with congressional intent, potentially leaving many behind in the digital divide,” said Louis Peraertz, WISPA VP of Policy. “WISPA believes that BEAD can only succeed if unlicensed technology can be deployed – not only in extremely high-cost per location threshold areas, but elsewhere where it makes sense.”

It seems the US authorities have realised that even $42.5b one off investment won’t close the digital divide if nearly all of it is swallowed by the high cost fiber systems. I think very good news coming this direction. Both from our chip sales to Tarana and our broadband access solutions that also do not need fiber.

Right time right place this time maybe? Last time with 5G is was wrong time wrong place.

[purchaseatthetop] 31/7/2024 20:36

Brand new. An app to install remote nodes!

[purchaseatthetop] 31/7/2024 16:30

We can all argue about whether Ethernity is still supplying Tarana but Tarana are getting into some amazing things.

It started as residential customers but more and more it is commercial now with 6Ghz.

Now they are getting into smart farms and there is a webinar coming


“Partnering with Tarana Wireless and Winncom Technologies offers integrators unparalleled solutions for deploying Smart Ag applications. Leveraging Tarana's robust bandwidth capabilities, Smart Farm automation becomes achievable, empowering precision agriculture initiatives. Meanwhile, in the realm of video surveillance, ngFWA emerges as the platform of choice for seamless deployment. Listen as Tarana's collaboration unveils the success stories behind surveillance networks flourishing on ngFWA, highlighting the diverse applications thriving within this innovative ecosystem.

Points to be Discussed:

• Smart Farm automation is possible with bandwidth Tarana can deliver
• Learn about the solutions that are capable with Tarana
• Why surveillance networks are being successfully deployed on ngFWA
• Applications are being deployed on ngFWA networks, learn how “

[realdealy] 31/7/2024 14:21

Strugglin'.

[realdealy] 31/7/2024 12:45

We are waiting.

Red or black.

Sums up the situation.

[dplewis1] 31/7/2024 12:10

That's enough from you pot washer. Filtered for being a dotard. The thing that people forget is that the chip supplied to Tarana isn't that revolutionary.. even the CEO downplays it as "old business" .. I'd not be surprised at all if I found out that Tarana are working to unpick them from the supply chain. Just because the charity thief's "calculations" say they've used up supply doesn't mean anything. His efforts at calculating cash levels were calamitously wrong