Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
The one thing we do know with Fowler is that share holder return is an alien concept!! Shareholders are a source of ponzi funding that keeps this lifestyle business afloat... never trust an AIM stock where the management don't risk their own cash!!! The biggest red flag!
I agree with you James... the jam never seems to arrive here... I'm beginning to think all we have here are a few low cost, low margin components... no concrete growth in the next few months then who will back them??? not worth the risk...
very low unit price.. now wonder they struggle to turn a dime here
Its been nearly 6 months since the placing cannon was last fired on the basis of a pipeline of deals that were imminent. Given the predictable outcome of no meaningful wins being announced is Fowler priming the cannon for another round of confetti shares???? No doubt 5 star corporate travel will now resume and needs to be paid for....
This could tank a lot more with the amount of stock still to be dumped... Strong sell until 12p which is at least is covered by some cash...
Let's hope for some positive updates soon from the ENET team... sentiment has been rocked and the someone is keen to continue to dump stock despite the significant retrace.. hopefully they don't know something we don't!!!
Looking forward to the end of this consolidation phase... hopefully a nice catalyst to be released in the next few weeks :)
Would have been nice to see some more flesh on the bone in the update!! But nonetheless looks like the ENET party has just begun!!!
I wonder how much cash is going to be wasted as they celebrate the award ceremony!!! the company is only debt free due to the confetti placings and destruction of shareholders capital.. this is a textbook lifestyle company!!!!
Whats not to like here.... about time it has a run upwards....
www.nvidia.com/en-us/gtc/topics/edge-iot-5g-computing/
The management constantly delivers here.... the problem is it what they deliver... and that's one confetti placing after another!!! the only certain thing with TEK is that we are one day closer to the next deeply discounted placing and further destruction of long term shareholder wealth!!! the trend is your friend.. short the peaks and close on the dips.. rinse and repeat
Lets hope this quickens the timescale to ENET becoming an AIM Unicorn.
come on ENET, lets see 50p this week... a nice RNS would be welcomed
The first fire of the confetti placing cannon!!!! looking like the usual AIM rinse and repeat story here...
my tempering of exuberance is very necessary as many past shareholders of ENET will undoubtedly testify.. just like all the chit chat on MTN earlier.. they are late to the 5G party in SA.. Rain has been rolling out its 5G data network and using other kit..
actually TL the only thing I have shouted so far is WHY DID I BUY... but hopefully if the recent share price traction continues that might be in a positive tone... its now only down 66% since IPO so looking rosier!!!
Lets hope the share price doesn't regress..... 50p by the weekend would be welcomed by all... i do wonder who is dumping all this stock over the last few days.. hopefully they are nearly done...
Tin hats on!!! Back to single digits shortly!!!
would be nice to see that move into the fabulous 40s today.... followed by some juicy RNSs to get us back upto the IPO price... come on ENET...