Ethernity Networks Share Discussion Threads

[purchaseatthetop] 08/5/2021 10:04

collywobbler....I have seen posts where it has been suggested that too much was given away by ENET to 5G for the support. I totally disagree. 5G took a hell of a risk and are being rewarded. The liquidity that they provided has allowed a smooth and seamless progress to ready to produce and sell. The other alternatives of a placing, debt etc would have cost time and share price.

Liquidity is always the critical problem for rapidly growing companies. Just like with ITX it is the major risk for PI's. ENET have dealt with it with forward planning and are comfortable. I was senior in Corporate Finance and Change Management and (for once) know what I am talking about.

There is nothing unknown about the deal. Money for shares. Simples!

[collywobbler] 08/5/2021 09:33

Yes agreed . I have to hand it to enet that ,(up until now I stress!)the 5G fund plan is working.keeping dilution to a very low number of shares and allowing the company to grow into the emerging market. Still some unknowns about the deal but it’s all unknowns to me. Atb

[collywobbler] 08/5/2021 08:06

Have shared on lse Patt. The chunky late trades yesterday looked 5G esque also

[purchaseatthetop] 08/5/2021 07:44

5G Innovation Leaders Fund have certainly been selling.

According to ENET own website they are not on the top shareholders as of 30/4/21:



As of 30/4/21 they appear to have 1,805,054 according to Yahoo Finance (which is why they do not appear on the Eternity website - so that makes sense).

5G were issued with the following shares:

25/9/20 1,335,130
31/12/20 826,087
26/4/21 1,805,054 - same as the balance per yahoo finance.

Therefore it seems they have sold the shares from 25/9/20 and 31/12/20. This explains the share price being held down for an extended period. Therefore, 5G are making money from it to date and there will be no TR1 as at this point.

[dplewis1] 07/5/2021 15:06

Certainly is timber.. I've had the day off to put in some raised beds today, they look rather nice :)

[pjj71] 07/5/2021 13:19

Tek is indeed one of my top shares to trade... its made me a decent sum... you just need to know when to rinse and repeat $$$$$$$$$

Tiimmmbbbbbbeeerrrrr

[greg the grinch] 07/5/2021 11:59

I bought a small chunk of TEK at 10.5p - :o)

I'll be sitting on that one for a while as well.

[29palms] 07/5/2021 11:45

Wow....the pjj71 has appeared here to knock ENET

Just like they tried with TEK and that turned out to be a "Multibagger"
Point to note today TEK has a gain of 13.5%

I do hope they advise this thread on what stock will be their next target to knock as it will be one of the best buy tips on the whole of the LSE
🤣🤣🤣🤣9315;🤣

[greg the grinch] 07/5/2021 11:27

The sellers have dried up.... =?

[greg the grinch] 07/5/2021 11:25

PJJ71 is in his playpen with a Mattell chainsaw trying to get out.

The ENET tree keeps growing and the cat keeps climbing.

[antonagis] 07/5/2021 10:32

PJJ71 obviously another of those bitter stupid investors who got his fingers burnt so badly on wrong investments I’m surprised he can use them to type. Now stuck at home with only his keyboard for company. His silly posts make me laugh so I vote he stays as our Lucky Mascot.

[pjj71] 07/5/2021 10:20

I see the petrol for the chainsaws has arrived!!!

An hour or two... timmmmbbbbbeerrrrrr

[purchaseatthetop] 07/5/2021 09:38

PJJ has got the Saddam Touch...everything he does turns to sh*t!

Bit like with the Motley Fool.....just do the opposite of what they recommend to guarantee bumper profits.

[astralvision] 07/5/2021 09:29

psAny other shares your short of? As looking for a few more nice buying opps.Is it 80% rise since you first appeared, a good luck charm indeed.

[pjj71] 07/5/2021 09:19

Slave ?!? how did you know I like whips and chains ?!?

Timmbbberrrrr.....

[astralvision] 07/5/2021 09:12

Think the ipo was 140p and the shares peaked around 180/190. The situation now is far stronger, more opps, better developed, revenues increasing, near term exponential ramp up in revenues, yet the shares are 50p odd. Lovely! £5 notes for 50p, that's my sort of deal.

[purchaseatthetop] 07/5/2021 08:57

PJJ as i wrote "usually with a recent tragic past for shareholders"

the trend is my friend. The trend is upwards.

I for one appreciate the time you spend on here helping us. Like in Roman times when the General returned for his Triumph in Rome and a slave whispered in his ear during the parade "remember that you are only mortal". You are our slave.

[pjj71] 07/5/2021 08:53

"and now great leadership/management" is it April 1st today ?!?

its the same management that IPO'd the business north of 100p
and the same management that desperately raised capital at 12p
and the same management that.........

the trend is your friend... tiiiiimmmmmmbbbbbeerrrrrrrr

[purchaseatthetop] 07/5/2021 08:38

dplewis.....when the market is willing to give me money almost for free by fundamentally undervaluing shares then I will take advantage. ENET has my perfect share profile. Disrupting tech share with IP (with walls, minefields, moat and sharks), in market that is just becoming needed, usually with a recent tragic past for shareholders that mean the City has a distaste for it, and now great leadership/management.

ENET, AGL, ITX, MCRO (buy in there now for update Friday next week I am now fully loaded), STX. All easy money.

[pjj71] 07/5/2021 08:33

a fool and his money are easily parted....

timmmmbbbbbeerrrrrr

[dplewis1] 07/5/2021 08:30

Nice work patt you've accumulated a larger holding than I have already! I had a similar plonker show up on SFOR saying he was shorting it back under 4 quid.. needless to say he's not been very vocal since the rally up to 6 quid..lol

[purchaseatthetop] 07/5/2021 08:13

I feel SO STUPID now. I just bought another 3,038 at 54.3p and the value is going to tumble. I mean PJJ has such a 100% success rate in predictions. I have 270,000+ shares and they are going to be worth almost nothing later today.

SELL SELL SELL....*runs off into the hills tearing of clothes*

[collywobbler] 07/5/2021 08:07

A lumberjackin’ man after my own heart dp. Maybe ease up on the battered foods though, not great for the ticker !