Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
David Levy is the only person to blame, the buck stops with him and he has taken the company and investors to the cleaners from 70p to 2.5p is shocking and professionaly shameful. The business community in Israel and UK must be shaking their heads at the guy. I am sure he draws a very healthy salary to mask his own dissapointment at the way the share price and market cap has performed.
Traceylied/504 has been an influencer no doubt too and raises a very suspicious eyebrow upon reflection.
But it's done and I believe the only option will be delist. The company did not reply to my recent email. Silence with penny shares isn't usually a good ending.
Live and learn.
Hi,
Couldn't figure out where this was but it was her/his comment on ADVFN.
NO I will not buy in even at this price as I have honestly believe this ill managed company will delist. Hope not but looking at the stats at the last for or five years...is black and white
I partly bought in from the research that the 'paid' promoter..( In my own honest opinion) Tracy lied portrayed/promoted. 16p first purchase a few years ago.
Ff sake let's face it..... Rather than personal opinions look at the statistics. DL has history of this exact nature with his previous copmapny and I for one am a fool for not realising it would not have been repeated.
His leadership has diluted the hell out of well meaning investors to the point of finincial oblivion so as for gold dust... No IMO this company will fold /delist.
If it is a tight knit community Levi will be known for his previous business dulutions before Enet. He may actually be the problem holding new investment back.
Also is their patented technology now outdated?
Nothing but dust here.
Mark R and David L have to make Tarana work as a cash driver and not come back for more as it would be totally unacceptable.
I really doubt either would care, history of failure at the helm this past four years.
I hope STX do survive and thrive. However they literally sold off the crown jewels to obtain a third of the money they needed. The market cap reflects this.
Get the finance sorted then yes get in quick. However, organisations with deep pockets are capable of getting this very cheap.
So this was a news release 29/06/17 when the market cap was an eye watering £45 million.
Its 7 today... Why?
FPGA-based processor specialist Ethernity Networks has raised £15 million (US$19.5 million) from an IPO on London's Alternative Investment Market (AIM) and says the funds will help it meet demand from major systems vendors that want to build their products around its data processing capabilities.
The Lod, Israel-based chip vendor began trading in AIM Thursday morning (stock code ENET) with a placing price of 140 pence per share, giving it a market valuation of £45 million ($58.4 million). By 1 p.m. London time the shares were trading at 152 pence.
Have to agree, it's like winning a major prize but having to travel 100 miles to pick it up.
Unfortunately you only have a gallon in a leaking tank and little money to top up to get there.
Sigh!!!
Ha ha I don't know one way or the other in this market.
Lack of news release and cash burn concern me, they have literally had years to build a successful company but little evidence of it so far in substantial sales.