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Interesting to see Calnex (CLX) putting out a very positive trading update this morning. Note how their ROBUST CASH POSITION has helped increase their operational capabilities as well as the last sentence about O-RAN.

As a result of the strong performance the Board anticipates that revenue and profits for the full year will be materially ahead of previous expectations. The Group's robust cash position has allowed the Group to bring forward planned investment in the team to increase operational capability, in line with order growth.

The Group has seen a return to pre-COVID customer spending patterns in all regions, other than in China where demand has been in line with the previous year. Factors driving the strong performance include a sustained positive response to the launch of the enhanced Paragon-Neo, Calnex's Lab Sync Platform which is being adopted both by existing customers and new customers looking to deliver products addressing the new O-RAN standards.

Small contract so I assume we won't get an interview, little bit of PR on Proactive:

https://www.proactiveinvestors.co.uk/companies/news/962878/ethernity-networks-signs-us400000-contract-with-new-client-962878.html

Excellent news, great content for them to discuss at the event. Now let's clear these sellers and get back above 40p..

Maybe (hopefully) I've got the wrong end of the stick .. sounds rather sadly like an employee died and their estate has exercised their options?

A bit off topic, but interesting article on the massive amounts of data that autonomous cars will produce -

https://www.reuters.com/business/autos-transportation/china-set-assessment-measures-regulate-data-sent-abroad-by-cars-2021-10-11/?taid=616402f790c5510001bb2dd0&utm_campaign=trueAnthem:+Trending+Content&utm_medium=trueAnthem&utm_source=twitter

So the largest insti didn't take any of the placing, neither did dallo. So I'd assume some TR-1 forms are due to be sent through this week from new HNWIs or institutions given that 12m+ more shares are in issue?

Someone that crystallised a $100k loss in the space of a couple of weeks probably isn't one to be casting financial aspersions I'd have thought

Keep hold of your shares Sergi, any profit you make will go much further in Sri Lanka. You can be a hippy on the beach forever if we get to 200p!

Not sure if anyone else who took the placing noticed this, but my account was only showing the shares purchased and not the warrants. Apparently the warrants are being issued in the form of certificates and were sent from Israel yesterday. Peterhouse are expecting to receive them early next week at which point they will forward them on to the various brokers. Once they are in possession of the warrants they will then be credited in your account .. so probably not until middle or end of next week.

@Eyesofblue - yes that's what it means. See this from earlier in the year -

https://ethernitynet.com/press/ethernity-networks-powers-tarana-product/

Excellent article, thanks TL. A real confidence booster on another 'NT to sell' day!

Always wondered who Pix Epsilon were .. just found them they seem to be called Pix Vine Capital -

https://www.pixvc.com/portfolio/

Doesn't look like they took any in the placing either, so we await some new holders I believe..

Do you mean b*llocks?

Momentum is a fleeting companion, it would have ended anyway with this selloff. Imagine if this is the start of a nasty bear market and how much harder it will become to raise funds..

Well I suppose dropping it under the placing price and making it NT to sell solves the issue of anyone flipping for a small profit!

16 March RNS they held 13.8%

Yes i've seen that before on the Cipio website, i think it's a mistake as they are most certainly still invested in Ethernity.

Yep, they should have the previous holding section filled out. I think they have the same number of shares, so less %

Cipio have been in for years, this will just be an updated holding amount following the placing.

More sellers than buyers...