People are happy to throw themselves on big spikes for anything even tenuously related to Coronavirus. Everything (SNG, NCYT, GDR, NSCI etc) is getting ramped to the heavens and the MMs are happy to rinse people - even hughwilson is back posting on twitter (as James Taylor) so you know there's trouble..
Your also spot on about the personal wealth TL. You may see a situation similar to another Israeli tech Starcom which announced loans from directors a couple of weeks ago - I'm sure David would rather loan the company half a million quid than have to dilute his percentage shareholding. Anyway, just a thought..
It's a great question. If you use twitter you'd be well advised to post it on the #N4P tag as there's a bloke on there who thinks he's got the answer for everything. He used to post on here under the name hughwilson but he's a bit persona non grata these days. Long term holders will know why!
It's a shame ENET aren't getting any of this relief rally. Surely the 'no new cases' in Hubei means that Fiberhome are almost business as usual and our kit could be getting installed as we speak. The Tieto deal is probably not going to be getting much revenue now but our main deals are in the far east so this sub 10mm market cap is crazy.
Hopefully we're all rewarded for this bravery going forward.. China appear to be edging back to work (excuse the pun). Some stats saying manufacturing is 90% back to normal capacity with no new cases of corona. That can only be good for ENET and is reassuring that with the right response the US and EU can be back to some kind of normality before the summer.
Nope I don't know anyone or know anyone who knows anyone for that matter. I'm stuck at home with 2 laptops trying to do a job I usually do on 3 large monitors and this is only the third day..truly fed up!
Sorry to bang on about the MMs but there's really no honour. When I spoke to my broker they said they'd been fleeced by them on loads of orders today when they ask a premium / flake on a price etc. They've moved the offer up to 35p here now even though there was 10k available earlier and only 2,941 traded since my buy. Shocking .. just goes to show you've got to buy when it's quiet and unloved!