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DV we don’t need a placing we have plenty of cash in the bank and on 2 likely contracts more millions we haven’t included anything else either beginning to think those posting negative derogatory comments haven’t read it! It’s only March so in Q1 they’re sorting contracts which will bring in 2.2-3million just in this alone never mind the Licensing, network contracts and repeat business or any other discussions coming to fruition! IMHO DYOR
‘In the year to date, the Company has had positive engagement with a number of potential new customers, including two OEM vendors which, following an extensive evaluation of Ethernity's Universal Edge Platform ("UEP") have indicated an interest to adopt and launch the product to their customer base and the Company is in negotiations with these two vendors on potential contracts that could lead to significant business for Ethernity. In addition, two further OEM vendors have indicated an interest to contract the Company for delivery of a UEP based design.
Based on the scopes of work being discussed with these potential new customers, should they lead to contracts, they could contribute between $2.2 million and $3 million to the Company's revenues in 2024. Given the commitment of each customer to adopt the products, this would likely lead to significantly higher revenues in 2025 and beyond. Whilst there can be no guarantee that the discussions summarised above will all lead to contracts at all or on the terms currently being discussed, the Board considers that this significant interest in the Company's products demonstrates the potential for future growth in sales of a complete system offering combining Ethernity's chip and software stack that is expected to be the main driver of the future growth of the Company.
Ethernity's products are available to OEM vendors either via the sale of complete systems or through the licencing of the Company's IP. The preferred business model is defined by the customer, depending on whether it is looking for a complete product or would like to embed Ethernity's technology within its own product, resulting in one of the two following revenue models:‘
They suckered people in you mean
I doubt there would be many takers at all until they have something solid to offer not fluff
Sub 0.6p? Placing price around that level?
DV the MM read it and marked us up! So where do YOU think it should be trading at? Current SP reflects a ridiculously low ball market cap we should be at least in the 2.00 region as we wait for the green light contract news wins! Suspiciously looks like we’ve been targeted by shorters here! IMHO DYOR
Poor update. Placing coming soon no doubt. ⬇️
Bought back in , well worth under 0.65
Still showing 80 v 90 and now they’ve pulled it down to 60 v 70 on nothing looks suspicious to me MM! IMHO DYOR
So when we didn’t know if the company would still exist and exist TSP with our gamechanger IP which clearly major networks want, investors happy to pay over 4.00! We are less than a quarter of that now through herd boredom not because we are not a great company with A1 patented technology! This SP now is just plain wrong- the MM opened it at 80 v 90 one sell and the algo takes it down a whole level then 65 v 75 on nothing? Someone is wanting a cheap order fill! Time to load up sub 1.00 as contract win news is clearly in the pipeline very soon a lot of positive thing’s happening as underlined in the Business Update RNS! Watch the SP slowly move up and then the herd will start to chase it! IMHO DYOR
25% up on open and now 3.7% down. Looks like folks have read the RNS lol
I am still here and will remain here
Feel free to call me whatever you like tricky
Investdonk, i shall call you donk from now on :p
25% up on open and peeps taking money for a few beers. Now only 7% up....
But surely they opened it 25% based on nothing.. only been 13 trades at time of typing and none of them worth talking about
It will be back to flat before 8:30
Market opened this up 25% signs people.
shame my funds for 2million aint free till 6th april grr
Iocan only take a horse to water.
one question you need to keep asking yourself is @why was enet allowed to exit the TSP so easily'