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Skid
Hard to believe indeed
A market cap of £16m
Now up to management to show its mettle.
Last year at this time there was a results and corporate update and perhaps we may get a similar one over the next week.
Surely there is plenty of activity going on behind the scenes so let's wait and see.
Warrants are being triggered and sells are occurring because of the triggering no?
£100k was from yesterday.
Jesus, £16m.....£16m.
I see a late trade of 100,000 @ 33p now showing.
Least they didn’t drop the sp to get it away.
Could it be 5G? They’ve probably got a few rattling around.
33.69 currently to buy
I see a rising trend which we are at the bottom of today at 34p. Next move should be up off the trend line.
Apologies guys, I obviously jinxed it , praised the BB then Cambridge123 puts in an appearance!
123 reference to his age, as in multiple choice, number of posts he intends to make, who knows.
Interest in ENET is definitely growing, let’s not lose sight that ther was an excellent update in December and great news re the DU and server providers recently.
Add in a decent % of the 30p warrants have been cashed in and it’s a good situation here, imo.
Some patience required, perhaps. But the clock is ticking down and I believe there are a lot of good things to come.
GLA
Ha ha thanks for readdressing the balance one post
"back to the teens without some contract news"
Possible... but unlikely because there are more than enough long term buyers mopping up.
Teens on the bid is what? 13-14p? IMO, investors won't go crazy over 14p up or down... True long term value I believe is many multiples up... There is small leeway on the downside, lots of room on the upside - IMO!
.....someone's after some cheap shares......
not looking good... the downward trend accelerates... back to the teens without some contract news..
Uhlf I think you're probably right re: liquidity - they have to maintain an orderly market and there's not the appetite for shares in this current lull so would have to hold off. Some good points today, it's quite nerve shredding owning shares here sometimes due to the gaps between contracts etc, but I still believe it's worth hanging in there despite the doubts and the comments today have been useful in keeping the spirits up!
Post gone missing , just as I was praising the BB!
The shares may be quiet but, as ever, this board is a mine of information and very pleasant to be on. Makes a change from so many other boards, this is what these forums should be about, investors helping each other, imv.
dallo, re 5G and over £500k to be issued and why are they waiting.
Could it be as simple as there is simply not the liquidity to sell into right now, if the shares were issued?
Although I’m not sure why, if they, like ourselves, are expecting positive news why they don’t exercise now with the hope of news to come and thus lock in a low or lower share price. I’m sure they are watching it very closely, with the 5 days in 30 days they have a certain amount of leeway in terms of timing and perhaps can afford to wait for news and then exercise, tying in a relatively low sp into a rising sp and liquidity situation.
How do you see it?
"One of Ethernity's partners was selected to develop customised UPF software for a private 5G network to a Chinese mobile service operator as part of the OpenUPF initiative, which will now be targeted primarily toward industrial and private 5G deployments. Ethernity's ACE-NIC will be used to meet the operator's performance requirements, by implementing the forwarding within the FPGA SmartNIC to reduce latency and increase performance"
I wonder how this is progressing. I am guessing it is Fiberhome. I see Fiberhome has a virtual UPF with specs sounding quite like Ethernity.
Still largely future markets but we are very close now. Certainly the next few months will produce the first orders for mass deployment and outcomes of field trials.
PS
5G still have £107k from 1st tranche in shares yet to be alloted bringing the total to over £500k yet to be issued.
Why are 5G waiting?
We will soon find out imho
Tracy
Totally agree
The lifeblood of a tiddler on AIM like Ethernity is positive newsflow and excellent investor relations.
Investors need to see tangible progress through regular corporate updates otherwise the oxygen needed to push the SP higher dissipates and trading volumes drop to negligible levels like today.
It is my view that the shareholder base is now static and the company needs to increase liquidity through clearer visibility on revenues which will attract wider market /broker/ Media coverage.
The problem is the share is very illiquid with c70% in tight hands but maybe 5G can assist if SP moves on good news.
Interestingly 5G has not as yet exercised it's recent tranche of £400k which suggests management is controlling the equity release to minimise dilution
but I could be wrong
Patience required during this lull in activity but things can change quickly.
Just my meanderings but DYOR
ATB
What is significant about the article is that HPE sees OpenRAN as a real viable thing. Ethernity need open networks to sell their products into. They cannot work within ASICs environments as there's no interoperability. What we see here is the network, what we are yet to see is devices connecting to the network.
Future markets for Ethernity.
Brian said recently that he believes that we'll see "private networks" in true 5G before mainstream public access. I think that he's right and these will effectively be the field trials of mass deployment.
Ethernity has major exposure and major potential with nothing or less than nothing priced in. Even if the share price never achieves a proper market valuation we can still expect many multiples of the current cap.
The answer to why the market doesn't see it yet is because it is complicated. You have to dig beneath the surface to see the roots. The market just buys the flowers. Once Ethernity becomes associated with a flower we will get attention but I suspect to see true value we will be waiting for the proof in financial terms.
Exactly and it also translates to very low costs to maintain that position. This leads to very high margins especially on virtual solutions.
Yes exactly, small slice's of many pie's makes for a feast - especially when you have a sub £20m Mcap imo.
No deployment will be won or lost by one entity. Ethernity model is as a component supplier with end to end solutions. In fact now Ethernity has a end to end capability but I don't think that any integrator is likely to select everything. Ethernity will supply component functions in many systems from mainstream providers. They won't make the headlines at deployment.
Yes, I'm starting to understand this alot more recently (slow for all the tech stuff to sink in for me!). They could still build this with our tech inside but try to keep it as a package (contrary to the open theme) and when in the article it says " 5G Core trials by Orange and HPE", those are european and US based companies. Just my imagination running wild possibly!