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ENET Ethernity Networks Ltd

0.125
0.00 (0.00%)
20 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ethernity Networks Ltd LSE:ENET London Ordinary Share IL0011410359 ORD NIS0.001 (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.125 16,212,303 08:00:00
Bid Price Offer Price High Price Low Price Open Price
0.12 0.13 0.125 0.125 0.125
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Communications Equip, Nec USD 3.78M USD -6.37M USD -0.0169 -0.07 472.05k
Last Trade Time Trade Type Trade Size Trade Price Currency
14:26:08 O 728,461 0.1288 GBX

Ethernity Networks (ENET) Latest News

Ethernity Networks (ENET) Discussions and Chat

Ethernity Networks Forums and Chat

Date Time Title Posts
19/12/202401:49Ethernity Networks -5G Superstock in the making41,335
04/12/202407:56Washingmachine is amaretto134
28/11/202407:44Ethernity Networks: Next Gen Networking/Comms IP & Tech7,374
01/10/202419:30We Told You So26
07/7/202307:03Ready to go299

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Ethernity Networks (ENET) Most Recent Trades

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Ethernity Networks (ENET) Top Chat Posts

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Posted at 22/12/2024 08:20 by Ethernity Networks Daily Update
Ethernity Networks Ltd is listed in the Communications Equip, Nec sector of the London Stock Exchange with ticker ENET. The last closing price for Ethernity Networks was 0.13p.
Ethernity Networks currently has 377,642,243 shares in issue. The market capitalisation of Ethernity Networks is £453,171.
Ethernity Networks has a price to earnings ratio (PE ratio) of -0.07.
This morning ENET shares opened at 0.13p
Posted at 19/12/2024 01:49 by antonagis
WASHINGMACHINE/AMARETTO bet 5k last week that ENET will finish with higher share price than STX before XMAS. Very embarrassing regardless of the fact that both ENET and STX are for mug punters.
Posted at 04/12/2024 12:52 by papillon
I wish you luck with your ENET shareholding, Washingmachine. However I don't invest in speculative shares and I know Sweet FA about ENET and the market it operates in. All I know about ENET is that over the last 7 years, or thereabouts, the ENET share price has plummeted from the dizzy heights of £1.90 to the current 0.1325p. From that I conclude ENET has been an abysmal long term hold. Whether it attains your predicted 1p+ anytime soon will depend on the news (RNS's) it issues. I hope ENET does issue some good news for long suffering shareholders. However whatever news it issues in future will not impact me as I'm not a shareholder and have no intention of becoming one

PS ENET is one of the few shares I follow. Why do I follow it? Because purchaseatthetop sent me a PM recommending it over 2 years ago.
Posted at 04/12/2024 12:25 by papillon
According to the RNS's (dated morning of yesterday and the morning of today) New Tech took advantage of yesterday's big percentage rise in the ENET share price to offload 10% of ENET's shares. I wonder why? And was yesterday's rise "engineered" to enable New Tech to offload?
Posted at 03/12/2024 01:12 by papillon
sutherland1 1 Oct '24 - 10:53 - 30 of 32
0 1 0
"Tarana have gone nowhere only a plonker who believed his own BS would have sold . Emotions eh"

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

ENET share price now 0.12p, sutherland1, whilst it was more than double that on the 1st October.
Posted at 26/11/2024 14:10 by skid35
To repeat - macro events will have no impact on ENETs share price. Hamas and the Israelis can have a tea party and get a bouncy castle out, let bygones be bygones and it will have zero impact.All that matters is company specific contract news. If it comes the share price will rerate substantially.
Posted at 15/11/2024 10:16 by tomboyb
Ethernity Networks Ltd Notice of GM and proposed grant of options
15/11/2024 10:09am
RNS Regulatory News


RNS Number : 4470M
Ethernity Networks Ltd
15 November 2024

15 November 2024

ETHERNITY NETWORKS LIMITED

("Ethernity" or the "Company")



Proposed option grants and notice of EGM



Ethernity Networks Limited (AIM: ENET.L) (OTCMKTS: ENETF), a leading supplier of data processing semiconductor technology for networking appliances, announces the grant of options to certain employees, the proposed grant of options to certain directors of the Company (the "Option Grants") and provides notice of an extraordinary general meeting of the Company (the "EGM"), which is being convened, inter alia, for the purpose of seeking shareholder approval for the Option Grants.



Option Grants and proposed Option Grants



Following the approval and recommendation of the Company's Remuneration Committee, the Board of Directors approved the grant of Options to the Company's Executive Directors and the Company's Chairman of the Board (in compliance with the Company's compensation policy), and also to Company employees and subcontractors in order to encourage their retention, implement and deliver the business strategy and completing the product development, to enable the Company's growth, success and a potential improvement in the share price whilst conserving cash. In total, 63,600,000 options (the "Options") over new ordinary shares of NIS 0.001 each ("Ordinary Shares") are to be granted. 32,981,830 Options have been granted to certain employees and subcontractors of the Company. A further 30,618,170 are proposed to be granted to certain directors of the Company as follows:



Director

No. of Options proposed to be granted

Total options over Ordinary Shares held post grant

Percent of issued share capital

David Levi (CEO)

21,789,223

33,497,242

3.71%

Shavit Baruch (VP R&D)

6,574,161

11,070,118

1.23%

Yosi Albagli (Chairman)

2,254,786

2,749,455

0.30%

TOTAL

30,618,170

47,316,815

5.24%



Per applicable UK law and the AIM Rules for Companies, as long as the Options are allocated in accordance with the Company's compensation policy, there is no need for obtaining shareholder approval. However, under Israeli law, the grants of Options to the Company's Executive Directors and to the Company's Chairman are subject to approval of the shareholders at a general meeting.

The Options have an exercise price of £0.00247. The Options will vest over three years in 12 equal portions, with 1/12 of the Options vesting at the end of each quarter following the date of grant.



Notice of EGM



The Company will shortly post to shareholders a notice of EGM, to be held at 3rd Floor Beit Golan, 1 Golan St. Corner HaNegev, Airport City 7019900, Israel at 11.00 a.m. Israel time (9.00 a.m. UK time) on 23 December 2024. The purpose of the EGM is to seek shareholder approval for increasing the authorised share capital of the Company, disapplication of pre-emption rights on equity issues for cash and approval of the Option Grants to directors. A copy of the EGM notice will be made available on the Company's website, www.ethernitynet.com.
Posted at 29/10/2024 13:38 by papillon
I see STX issued an RNS at 7am this morning. I presume the news contained in that RNS is the reason for the big percentage drop in the STX share price News drives share prices, NOT charts! Something I've repeated, many, many times. Charts are only historical records though "the trend is often your friend". That, unfortunately, doesn't always apply to speculative penny shares such as STX and ENET!
Posted at 23/10/2024 16:34 by papillon
I've just looked at a 3 year log chart of STX and a Bullish "Golden Cross" (50 day EMA crosses above an already rising 200 day EMA) has just appeared on this chart.



Not that I'll be investing in STX. Firstly I don't gamble on speculative shares and secondly I have no idea what it does and what it sells (or hopes to sell).
Fortunately purchaseatthetop has me on filter, so can't see what I've posted. He also doesn't agree with my charts because just under 2 years ago I posted a log chart of ENET showing the Bearish "Death Cross" that had appeared on the ENET chart at the start of 2022 when the share price was around 40p. My ENET chart has stayed Bearish ever since then.
Of course if gamblers want to ignore historical facts that's up to them.
Posted at 21/10/2024 07:59 by pwhite73
Chester 9 - "How is the share price still at .18"

The share price is now at 0.19p and the reason is technical. New Tech cannot exercise anymore warrants because ENET has run out of shares.

At the AGM held 28/08/24 permission was authorised to issue a maximum of 400 million shares over the next 12 months.

09/09/24 - ENET placed 180 million shares to raise £540,500. I suspect it was at this point they received confirmation that Tarana would not be extending their contract so had to raise finance urgently to meet liabilities.

21/10/24 - ENET placed 195 million for the warrant exercise at 0.10p

180m + 195m = 375m

400m - 375m = 25m

ENET have only 25 million shares left to issue and only 16 million if you extract the 9 million the CEO subscribed for in the placing.
Posted at 16/10/2024 14:21 by papillon
"Let the market decide"

Very true, barnes4.

My long term ENET chart has been Strongly Bearish since the start of 2022. My chart stayed Strongly Bearish despite the very big percentage share price spike up of 12 months ago. Why did my chart stay Strongly Bearish? Because the spike up was very, very, short lived.
Based on comparisons with other companies with similar long term charts, sp's and Mkt Caps it's probable that the ENET share price will fall further (though another significant "deadcat bounce" is always possible).
You never know, barnes4, but ENET could yet turn out to be the unlikely exception that proves the rule! 🤣

PS I know nothing official about ENET as I've never yet read one of their RNS's. I'm just going by my charts. I never knew of ENET's existence until it was recommended to me in the late summer of 2022 by a devoted fan of ENET who has since discarded his "rose tinted spectacles". He, along with astralvision, should have taken notice of the Strongly Bearish ENET long term log chart I posted almost 2 years ago on this bb instead of slagging me off! It would have saved them a lot of money.
Ethernity Networks share price data is direct from the London Stock Exchange

Ethernity Networks Frequently Asked Questions (FAQ)

What is the current Ethernity Networks share price?
The current share price of Ethernity Networks is 0.125p
How many Ethernity Networks shares are in issue?
Ethernity Networks has 377,642,243 shares in issue
What is the market cap of Ethernity Networks?
The market capitalisation of Ethernity Networks is GBP 472.05k
What is the 1 year trading range for Ethernity Networks share price?
Ethernity Networks has traded in the range of 0.105p to 1.975p during the past year
What is the PE ratio of Ethernity Networks?
The price to earnings ratio of Ethernity Networks is -0.07
What is the cash to sales ratio of Ethernity Networks?
The cash to sales ratio of Ethernity Networks is 0.12
What is the reporting currency for Ethernity Networks?
Ethernity Networks reports financial results in USD
What is the latest annual turnover for Ethernity Networks?
The latest annual turnover of Ethernity Networks is USD 3.78M
What is the latest annual profit for Ethernity Networks?
The latest annual profit of Ethernity Networks is USD -6.37M
What is the registered address of Ethernity Networks?
The registered address for Ethernity Networks is BEIT GOLAN, 3RD FLOOR, 1 GOLAN ST., CORNER HANEGEV, AIRPORT CITY, LOD, CENTER, 7019900
What is the Ethernity Networks website address?
The website address for Ethernity Networks is www.ethernitynet.com
Which industry sector does Ethernity Networks operate in?
Ethernity Networks operates in the COMMUNICATIONS EQUIP, NEC sector

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