Member Info for Asklongy

sorry 8 million at 50p, mean to ask what would that mean for us as retail trades, I am not familair with dilution of shares as fund raising.

Tracy "8 million at 50p is my guess however I think that it's the last resort as free money from the Israeli government must be the first port of call."

WHAT WOULD 8MILLION AT 50P

same as 01234, I am really confused by the drop in the SP vs the volume of buys vs sells.

I have only just caught up reading all the comments, the RNS has lots positive news, to get some actual revenue nubers on contracts in the future is also a first. if I am reading this right it look like revenues could go at least 300-400%+ during 2021?

Obvisouly cash burn is a concern with the notification to seek additional funding but future prospects seem to out weight this 10 fold if we can jsut get past the operating cash stage.

I am seriously shocked that we are up 4.5p, it's kind ridiculous. Also the last RNS on the 5G UPF deal with a cinese OEM. I can't understand how this is under £1. I think it really does come down to visabilty and lack of, I think there is a very small amount of people that already know about this share that keep reinvesting, no major new money outside of when Dallo came along. We have had some great news latley and not moaning that that we are on the up but I never seen a share so overweight based on future prospects IMHO.

agree with Bid everyone wants to be a day trader and think they can get rich quick at the moment, no patience to invest in a share over the mid-long term even if it could net you a 10 bagger

well we can see the ftse got back above 6,000 the other day so appetite is defineltey there, but the average retail investor in the UK will be vary wary and want cash now, majority of the UK are on furlough, my company for example has 80% of staff on furlough like amny others. I think major investors in the UK will be looking for some discounted shares right now to cover their losses. Just don't think there is enought liquidy in this share for a major invester to get involved. Thoughts?

I was thinking the same bid, with the last RNS and now this one, I would have expected the share to be above £1 on that news along. let's hope we can get above 50P today

I am quiet shocked this type of share would attract swing traders! seems to be some short term traders in and out to make 1-2% return on small amounts :)

£5 a share would get me to sell :) some way off that but it's a very realsitic target over the next few years I recon.

Jesus Dallo, whats your avg price

most of it will be aboutt he current market situation as well pren, majority of people are after cash and not looking to invest int he market but pull out of it, so many jobs at risk and so many companies placing staff on furlough, I think any other time we would have seen the SP double on news like that.

Thats the one thing I have never understood with this share, small sell's can knock by 20% but big buys do nothing.

Well I am offcially back in the red as of today! Never thought I would see that again on this stock.

@Dallo, youve been pretty quiet, would be good to get your take being one of the largest retail investors that I am aware of, and new to this stock also?

01234 totally agree I think they realise their communication has been terrible and it's certainly improved in the last weeks with the anncouement of the PR partnership.

I think they must have been reading this board and saw the main issue everyone had was communication to investors :)

Got to admit I see this as much negative as I do positive. another big delay on cash positive deadline, no real forecast on contract revenue. contracts delayed and everything now moved to 2021, even seeing income from fibrehome.
And this statment -
"The Company continues to experience an increase in engagement with OEMs, system integrators and operators interested in Ethernity's solutions"
That all well and good saying "increase in engagment" but it's fluff and doesnt mean sh*t, its not tangible at all.

Now before I get flamed, the positive. I agree with you all plenty of oppotunity coming, plenry of cntracts talks (but still not finalised), good 20% growth on sales. Great news they are also focussed on 5G and have a partner solution with a large billion market cap company and in general sound like lots to come in 2021 that could shoot this stock to the sky and don't disagree in a target of 200mil+ marketin cap.

But I am not sure we will see much happen to the SP this year and with these delays and once again lack of contracts and forecasted revenue only the patient who are will to keep their money sitting here another year might see it pay off. It's a chance for long term investor to get now and hopefully not see further delays in 2021.

My gut and history tells me we won't hear a sniff until the next year end results around Jun time. it's going to be a slow 5 months. Hope they prove me wrong!

thats interesting to kow dallo, thanks, but also a bit of a downer knowing that there has been no new contract wins.

I am still confused how 16K of sells can move the price down 11% but we get buy's of nearly 100K and the price only moves half that

Here here alcopo! Couldnt have said it better myself!