Member Info for Epson212

Round of applause for being reelected Mr Levi. The past five years of overseeing the careful nurturing of ENET. since the IPO, the share price has had 98.87% destruction under his caring watch.

Must be some sort of record?

You gave them all the guidance, the current Management should be banned from holding any form of business position, not that anyone with any business accumen would when consider employing them anyway.

'' This leaves the balance sheet completely threadbare at the end of 2022, yet again unable to support''.

Not a single trade.

No point buying as your money will be automatically 'diluted' from the amazing and unique funding set up.

It's taken over five years, multiple millions spent, fancy offices and a share price Going toward 1p from 60p for DL to prepare that RNS.

Utter clown

Would recommend to Only put a very small amount of gambling money in. With DL at the helm it really is a gamble. Down 98% since launch.

Somebody has seen the accounts in advance.

Levi must be proud

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.

Very bad news but the fact of the matter - due to enets management, they cannot sustain the numbers they employ already without dilution and that dilution. Is maxed out.

Shameful

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.

Look at the history of value destruction from DL.
Not one of the board have probably missed a hefty pay cheque.
Fact is the company had regressed over a number of years so its not a blip.

Still feel the same?

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.

I'm afraid it's being read its last rites as on life support.
So much potential but not enough to keep the lights on.

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.

Utterly shocking performance this past few years.

It can go much lower, are still operating?

Unfortunately another DL failure, lost alot of money here.
Life goes on.