Member Info for bidnolid

Another low Earth orbit satellite broadband project -

https://www.bloomberg.com/news/articles/2021-06-27/bt-agrees-to-use-oneweb-satellites-for-u-k-rural-internet-push

True that...but it's escalator up elevator down with AIM stocks, I think it will take longer to recover unless there's some decent catalysts.

How are they going to add £10m to their market cap in 2 weeks? Going to need something pretty special..

Yep you might have been a bit optimistic with making some of the losses back today. Hopefully we get some glomo magic next week and some much needed positivity, currently we've lost the momentum.

TL also interesting is their 52% weighting to 'Customer A' in 2020 - I guess that will level out more engagements turn to contracts.

I was about to post something along the lines of 'welcome bluffmaster, excellent first post'.. however it is dallo, very strange. Excellent commentary dallo, glad you are suitably impressed.

Yes the horizon is still a bit out of focus, as the last comment from Yosi indicates "resulting in longer term value for shareholders" .. so likely some of the selling is due to this. Lots of promise but nothing imminent to get people to add to their positions?

The parts under David's 'Strategic Review' are really interesting, so much going on for such a small company.

Well I think it's evident from these results how much time and energy has gone into their release, certainly nothing 'minimal' about them! Nice first statement from Yosi and the technical stuff from David is very detailed. Can't understand people selling on news that is 6 months old but that's their business I suppose. Plenty to look forward to here.

Yep, will have a proper look through later on (and hopefully dallo might comment as well given his background..!)

Yep I agree Skid, talk of another listing currently is premature imo - it would be a waste of time and money as current volumes and market cap don't justify it. Could consider it once the mc is 10x higher but even then might just be better to uplist in London and then Israeli investors can access as well.

Yes I'm sitting tight at the moment and seeing what happens over the next few weeks, I don't mind paying a bit of a premium for a few more if they release something. With regard to the finals, companies can delay publication up to September I believe but I assume they would have to make some kind of announcement to that effect?

Hi uhlf article in Globes doesn't seem to think so -

https://en.globes.co.il/en/article-ethernity-networks-up-36-in-two-week-since-ipo-1001196578

"Levi says that Ethernity was founded and has operated without any investments by venture capital funds. Levi previously founded another company, BroadLight, acquired by Broadcom in 2012 for $230 million. Before that, however, the venture capital funds that invested in the company diluted the founders' holdings, and it looks like Levi was burned by the fund, and preferred to do things differently with Ethernity."

Lol 4,668 bought yesterday at 46.7. So results next week then? Doubt they will do them tomorrow I don't think they work Fridays.

All too exciting for me .. up and down like the proverbial on ENET these days, I'm used to a static SP! Time to shutdown the work laptop and have a beer in the sun i think..

They certainly do like their 'made in india' tag

https://telecom.economictimes.indiatimes.com/news/jio-begins-5g-trials-in-mumbai-using-indigenously-developed-equipment/83538968

Hi Martyn, actually the 49,845 bought at 50.145 on June 1st .. so taking a 5k hit on that one whoever it was.

https://ethernitynet.com/how-telecom-can-help-africa-financial-recovery/?utm_source=3&utm_medium=3&utm_campaign=AfricaRecoveryBlog

Brian continuing the ESG theme.

Yes the glomo thing should be excellent exposure, we need some positivity here and fast tbh.. drifting away back to the high 30's again and a GBP 20m market cap which seems very harsh considering the Tarana contract upgrade.

Well, currently on HL you can't even sell 1000 shares.. so if the seller from yesterday has more to do they'll have to accept well under the current bid. So I guess we're stationary until we get some news (which is fine by me).