RE: Napatech31 Mar 2022 14:18
Napatech has suffered like Ethernity over the past 3 months down over 40% and over 65% from its yearly high .
They seem to making some progress but facing same headwinds as Ethernity of supply chain shortages, delays in 5G rollouts, pandemic and the flight from small stock market listed tech companies .
It has been a brutal quarter for many tech companies particularly on AIM with a buyers boycott and a flight to safer havens following the Russian invasion of Ukraine amid rising inflation and general fear and uncertainty.
The buyers strike is clearly illustrated in the collapse in volumes traded in Ethernity and small sells knocking the SP to scrap value.
Hopefully Ethernity management is still battling away and can give the long standing investors some cheer soon.
A merger with Napatech may not be the craziest idea out there and perhaps the Institutional investors in Ethernity may be taking a more active interest in proceedings given the battered SP.
Just my thoughts and nothing more.
Dyor