Member Info for Escapetohome

Couldn't agree more.

I recently invested in Liontrust and Phoenix.

If their dividends are maintained I will get a nice annual income . If private fund management returns to favour I will increase my capital gain.

I couldn't feel more different in comparison to my enet investment.

Slowly but surely. I've done it before. I turned a few thousand of investments into tens of thousands of value being very judicious in my investment selection.

Let's see what they say at the lunch.

Investor lunch?

So there's going to be some sort of presentation?

DOWN .

Plop. As advised.

They'll be wanting more lube than in bonnie blues bedside table.

Be warned dilution ahoy.

Mostly agree with Skid, but think LOTM is right on this point.

They've taken more than 50 million dollars of investors money for close to zero return.

Shut it down .

Today's message from Deltex Medical waxes lyrically about the benefits of delisting from AIM.

I would say these reasons apply to enet but timed by a factor of 100.

" One of the most significant costs that the Group has to bear relates to the direct and indirect expenses associated with the Group maintaining its admission to trading on AIM ("Admission"). This includes but is not limited to fees payable to its professional advisers. These costs are estimated to total approximately £0.2 million per annum, representing approximately 10% of the Group's FY24 unaudited revenues. The board of directors of the Group (the "Board" or the "Directors") believes that these costs are disproportionate to the limited benefits that Admission provides to the Group and its shareholders ("Shareholders").

In addition to these Admission-related costs, the Board considers the regulatory environment associated with Admission, including the ongoing disclosure obligations, to be onerous for the Group taking into account its size and current market capitalisation, as well as impeding its commercial interests. The Board believes that cancelling its Admission will materially reduce the Group's recurring administrative and adviser expenses, whilst allowing the Board to focus on achieving its commercial and strategic goals. The Board has also considered the value that the current market capitalisation ascribes to the Company, the liquidity of the Ordinary Shares and the ability to raise further equity through public markets at an acceptable price should It be required."

Pretty clear to me David would like to pick up shares as cheap as he can. Even as low as 0p, if he could pay less than zero he would.

No concerns about long term shareholders. Stuff em.

Unfortunately though the share price says red red red. Its a doin da talkin' babes.

0 p if he could

Ps David wants to buy in much much cheaper

Plop... As advised

The point it underlined to me is that other company can deliver the 'secret USP Sauce' , perhaps at a lower cost.

In other words does ENET really have a competitive advantage through it's USP?

It seems not, ONLY a 10 percent rise on chip prices and we are warned sales at risk.

Oh dear ... Strugglin.

Pump before the next placing obvious.

Clearin' da decks bro to supply more lube.

I don't know, they could have huge success with a 'Telecoms for dummies,' publication.

Probably someone like 504.

The amount of shares he held then and the price at the time he sold would probably equate to 17,500,000 now . Just a guess but don't get excited .

And ready to rip shareholders off with a new death SPIRAL loan.