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Don't forget that were also mentioned as a Vendor to Watch in a February 2020 Gartner research report titled "Market Trends: Function Accelerator Cards Disrupting Traditional Ethernet Adapter Market".
That was a year ago. I wonder if there'll be a follow up ?
Alca
Morning skid, morning all.
This does feel like the never ending calm before the storm.
I've been invested here for several years and built my own holding up over that time, and plan to add further. I agree that our small band of PI holders here probably do collectively own a sizeable stake.
I'm fortunate to have been in this (long term hold) position before with one or two other unloved nano caps, and have witnessed the explosive rises that can come when the penny drops for the wider world.
We patiently wait for what we know is coming for this little unloved (by the wider investment community at least) gem of a company. In the meantime we are lucky to enjoy in depth technical contributions from TL and several others, which help enrich our understanding.
I still believe this is the year that the re rate begins. News on several fronts will come , and soon I'm sure. All the above imho of course.
Take care
Alca
The share price has stalled and hence here we sit at this ridiculously low market cap. In order to resume momentum we need news on one or more of the many fronts that the company is working on. That or a trading update.
Come on David, throw us a bone!
Alca
Spot on fairview. Once we get on the radar of the wider investor community we will fly on Aim. This starts with steady good news flow (which we expect this year) and growing sector interest as people look for bargains (which we surely are) to get a piece of the action.
All imho
Alca
So much going on in so many areas. This year looks nailed on to bring a constant flow of good news from the company. This will no longer then be able to be ignored by the wider market and hence attract a wider base of investors, with the resultant dramatic impact on the share price. Strap in.
Alca
Ethernity are quite unique in that despite having world class IP, and sitting in the sweet spot of the burgeoning 5G space, they remain firmly under the mainstream radar (and have been since I came on board back in early 2018). I agree it's very strange that they haven't been highlighted by any tipsters in their New Year forecasts. The advantage is that it allows the few of us "in the know" to accumulate at what continue to be rock bottom prices. This is going to be the transformational year - I expect fireworks in H2 if not before.
In the doldrums until next news or investor article highlighting the company. Totally normal and to be expected. A nice base until the next leg up. If we drop to below 30 I'll be adding a few more. Have a great weekend all!
Alca
We are now funded to what should be cash flow positivity in H2. That's all that really matters.
This should be a transformational year for Ethernity in terms of market cap and hence the share price. I think the board played it well given the tenuous position they found themselves last year, due to COVID-19, so have no gripes.
I look forward to a steady flow of news this year and the consequent re rating, which is only just starting imho - the market cap really is a joke given the unique IP.
Keeping the faith as always and still adding to my holding.
Alca.
Still massively under the radar here having not even recovered to the price we were at a year ago (ie. 40-50p range) despite all the progress made since and the looming 5g market finally having caught up with us. Rerate long overdue and arguably not even started yet - given the ACE-NIC100 is at the bleeding edge and well placed to become part of the bricks and mortar of the new Open RAN world. I expect £1 will be breached sooner than many of us think. As a LTH and having been heavily invested here for a few years I am excited at what lies ahead next year and beyond. I'm here for the long term.
Alca
Agreed bid. If you believe and unless you need the money, why sell at what is still an outrageously low mcap unless you are selling from an existing holding in order to fund warrant uptake. Advisor unlikely to be in long term so yes would expect them to dispose.
Alca
Indeed TL but dilution is minimal. David has been very careful in this regard with Ethernity. One could say a little too careful given they could have raised earlier at a significantly higher sp to provide a cash cushion, but that's easy to say in hindsight. It's all hopefully irrelevant now as we mover towards adoption and deployment in the years ahead, and start talking in pounds rather than pennies.
Have a great weekend all.
Alca
Even at the 40/50 range we are really only recovering to the treading water levels we were at BEFORE the cash flow concerns came to a head earlier this year (now addressed). But we are so much further advanced, and in the picture, now than we were back then, and the market for our top line products is crystallizing before our eyes. Been a great week. Onwards and upwards into 2021 and beyond
Alca