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Also the total holding by Woodford is only worth a couple of million at the current market cap. He's got bigger problems than that I'd have thought..

The clue will be when PEEL disappear from the offer side.. they've been planted there all morning!

It ties up with the amount that she would have had left after she went under 3% so that's a big relief she's gone. Could get a bit of a reversal tomorrow hopefully.

16 million share sale printed. That must be the seller out then..

Well that 30k buy will mop up a bit of that overhang at least

It's not nonsense. She had 23 million shares - look at the RNS from Feb - she exercised RSUs..

Yes it's not pleasant watching. If claire is still selling then she can't have many left and high volume days like this will see the back of her. Also some 250k buys on the ask since the drop this morning so someone seems to be picking up a few.

Kate is a dealmaker, my guess is she's planning on using the cash pile or plotting a merger to increase scale. She's been at the company a year in July and won't be sitting around panicking about a bit of a drop in the share price. Yes it's disconcerting that she hasn't made her presence felt, but her style is clearly a lot different to Claire's and I think she should be allowed sufficient time to implement her vision.

My thoughts are along the same lines unfortunately. Selling such a relatively large chunk of stock is only going to lead other investors to one conclusion, however it is only speculation that they know something we don't. The reality is there are many possible explanations.. I'm definitely much more concerned about these results than I was before though!

Oh yeah delayed from the 30th, hadn't seen that. Hmm, hope they haven't got any more of those lined up!

Yep - they have to release results before June 30 and last year it was the 19th. They've kept their cards close to their chest..fingers crossed they have a pair of aces..

Don't expect any results tomorrow, they are all out on a team building event today!

@EthernityN
14m14 minutes ago
Swimming in a cool spring, hiking and off-road driving in the Judean desert, and a pair of great meals. That’s why Ethernity employees love the annual company Fun Day.

Can't tell you that I'm afraid - small sells can sometimes move the price lower and you can't account for bored private money. However, if you think they have products that will make them a profitable business and that they have 6 million in the bank, then the market is seriously punishing the company at the moment for the lack of news. The clarity the results will provide are all we are waiting for now..depends how risk tolerant you are if you buy now or afterwards.

Hopefully not too early to call it, but it seems to have stabilised here. The death cross at the end of March probably didn't help with the drop in April, but it's good to see a few buyers dipping their toes.

I actually think they'll have used up more of the cash than some might expect but I was encouraged by the news yesterday as I liked that existing customers were actively requesting Ethernity to develop the UEP. I'm about 20% down on these now but am sufficiently confident to add more as I feel a $10mm market cap does not reflect the opportunity.

Yes my post was the business wire article. Sounds positive to me..

https://www.businesswire.com/news/home/20190529005589/en/Ethernity-Networks-Releases-Modular-Programmable-Universal-Edge "it is exciting to have customers requesting that we apply our field-proven expertise and patented technology to a comprehensive solution for the network edge.." Sounds to me like a bit of a hint there..

Looks like the 26 offer has tempted a couple of buyers to stick their heads over the parapet!

They need to report by end of June

Yuck, down again.. horrible trend continues and I'm in the hole for about 25% loss at the moment. Bad markets overall so I'm just going to have to ride this one out and hope the results can offer enough to reverse sentiment. Doesn't feel as bad when you've got some large caps dropping more (vod, rmg, etc). but it's a painful lesson in being patient.

Well, market cap back to sub 10 million and price in the hugh 20's. I seem to recall a couple of people mentioning they'd be adding here - is that still the case?