Member Info for Asklongy

Couldn’t have summarised it better dallo. I think this spot in for the current state. We need to see some real deals and big revenue in the next few months or the warrants won’t triggered and I am concerned they will be in a risky position with cash once again. But we start to see some tangible sales I can’t see why this can’t hit the ipo price within days.

I am very surprised though that after all the forward looking statements we havent even gone up 1p, understand on face value the financials looks absoulety dog sh*t but I guess ENET still have a lot to prove.

hopefuly will see this next week, as you say TL the forward looking for 2021 needs to be super positive and have some tangible numbers, we need to know some detail around contracts.

so quiet latley, really need some news fast if they want to trigger those warrants and have enough cash flow to get them through to 2021.

Enet mentioned https://www.openpr.com/news/2115617/global-ethernet-controller-market-size-industry-share-growth

but unless there is a 10m deal to be annouced the small deals we need to hear about to ensure they have enought short term cash to survive the time to close the 10m+ deals. Smaller contract wins are just seen as cash flow protection in my eyes and thats what they need to show us. The market needs to know they are cash safe for so many years and can now just focus on closing the big 5g deals.

if we are not over £1+ by then I will be gobsmacked and have to admit this will be the biggest wrong call I have ever made, what worries me is that only a few LTH seem to see it and the rest of the market don't see the bargain and 20x growth that I am expecting. Would like to see another contract win in the next month and to be back over 30p+

sitting at jsut over 312K shares now.

Sorry bid, the 10K buy was me averaging down :) wish I could have got in at 12p but unfotunaltey funds were locked else where until now

anything that makes you feel it might drop a little more this week as I am looking to buy this week as well.

Just to confirm is that 350K a sell or buy?

being selfish I would really like the SP to stay down here for a few more weeks, as I am locked in to some spreadbets at the moment, but as soon as I am out I want to make a substantial buy if still under 20P. need a few weeks to turn my SB's around though.

levi breifly mentioned, nothing of weight though

https://www.ft.com/content/6d77f69a-cd52-4f1d-b8c8-86b5df2ca689

Someone made a very good point that the cash rasied isnt even enough to see them through profitablity which is a very good point and why you won't see any major investment here unless they surprise us with a big contract win with upfron and immediate payments to cover themto at least H2 2021. I also agree that releasing shares at 12p screamed out major desperation and was a plead for help or die. They wouldnt have gone at that price if they new that had some short term news coming. GLA.

and that tenfold 50m market cap is small fry for what I am waiting for Dallo, I entered this share as I saw it being more like 200m marklet cap over 12-18months. Still hoping...

those warrant terms though only get us back to when we thought they were a total bargain and we had finally hit the bottom and surely it's only up from 30-40p from here with many of us sitting with an avg around that mark. So we need 57% SP increase jsut to get to 30p, it's going to be a long wait or we need some gigantic nrevenu news to get to the multi £'s we have all invested here for.

I am guessing the shares have released to the open market today? wonder if we will see under 10p. The I will have to find some funds to buy, can't resist that.

TL, when the 12p shares drop into the open market potentially tomorrow at 12p what affect will this have on the current SP, does it move it lower?

unfortunaltey this has come at a bad time for me and I can't afford to purchase anymore right now to get the average down, but at the same time I am not sure I would increase my risk either, too many eggs in one basket already on this one. But the price is an absolute bargin if they can turn this around quickly, for new investors coming in at this price it's bloody amazing, I thought I was getting the ultimate bargin at 40p, now look LOL

I hopenot the later and they have someting big int he forecast near term, but history tells me if you put money on it the "bodge" may have better odds. GULP