Market cap13 Oct 2021 14:10
While I have been diluted by the large number of share issues..placing/warrants/ 5G ,I keep focusing on the market cap of just Β£24 million , the valuation the UK AIM market currently ascribes to the company .
This is a clear disconnect IMHO with the potential of Ethernity ,the value of its technology as well as its current portfolio of contracts and strong Balance Sheet.
The market refuses to award a higher rating as Ethernity has disappointed over the past 2 years or so and wants more validation and clearer visibility on 2022/23 revenues.
Once this is confirmed by further large contracts and expanded orders from existing customers the rerating will be pronounced and sharp IMHO.
If Ethernity was listed on Nasdaq the market cap would be multiples of the current valuation.
The next 6 months will be enormous for the company and management must deliver.
I, for one, obviously believe it will do so .
ATB
DYOR