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@Stephenallday
Why did the CEO sell half the company for £600k? Surely he knows the true value of this company?
So the company was unable to borrow £600k to clear a debt. That means that no banks or last-resort lenders were interested. That’s a fact. And Levi and his mates didn’t want to or couldn’t club together £600k either. Hmm. 🤔
@Quant
Do you understand what a P/E ratio is ?
It’s a price to earnings ratio.
You have of course quoted a turnover of £10m. Not earnings. So either you are simple or are simply trying to mislead? Please Quantify
For those who think there are new deals in the pipeline…..
Why did Levi effectively sell half the company to clear a £600k loan?
Why couldn’t the BoD raise £600k to clear the debt?
Why would no other lenders lend to clear the debt?
Huge orders in the pipeline? Sounds to me more like a pipe-dream.
Well that message was aimed at Warrie but thanks for your reply Watching2.
Me putting doubt in people’s minds?? Are you for real? The CEO sold half the company for £600k. And not to a white knight investor but to clear a debt. By issuance of new shares. Yet you point the finger at me. Lol. Actually all I have done is simply highlight the existential risk here and warned those averaging down at 1.80 (after the deal was announced) that they were, well, mad!
I saw a post recently on X. It would serve you well to always have it in the back of your mind…..
“Immature traders speak in certainties. It is a dead giveaway that someone doesn't know what they are talking about when they say, "xyz will do XXX."
Professionals mention risk; those are the people to follow on X or anywhere else
@Warrie
Not all those with a negative spin on things are “leeches” wanting you to sell out cheaply. That’s just a yarn continually spun by PI holders who own stocks that are performing badly. Average down, you haven’t lost anything until you sell, blah, blah. All absolute tosh of course. Ask CastlePaul13 over at NNN and any number of the other rampers over there. They never sold and they lost absolutely everything. As predicted actually. And the chances of failure here are very high too. Something that you should be very worried about and careful of. Telling newbies to average-down in a stock that is haemorrhaging is absolutely not sound advice, whatever you may think…..
@Watching2
The disgraceful ones are the likes of you and Castle who shamelessly ramp irrespective of news or circumstances changing.
Here’s your recent post , hmmm. Stock down 75% since then.
Watching2
Posted in: ENET
Posts: 6,582
Price: 4.05
No Opinion
RE: Dropping2 Nov 2023 15:04
Drizzly are you working for the MMS lol. This is. No brainer of a buy
Reads the rns. Matey lol x
@Stephenallday
30 Oct 2023 10:38
Scarlet you’re still here. Shameless human and this will never go down to 1p but should shoot up to 10p.
This post hasn’t aged at all well has it? You’re an idiot. First NNN, now ENET. Same outcome? That would be my bet. Existential threat…….
I hear that Castle is still a buyer! Something about Volz and filters……
“We have the real money because we know what we are doing we have the skill set for actual investment whether short term or long term” as quoted by Sharebel.
Now let’s just see what he’s been peddling in recent times before disappearing…..
Metro Bk @ 55p + now 41p
Ethernity @ 4p, 3p, 2p now 1.25
Vast at 0.40pnow 0.17p
And personal favourite from 2022/23 Nanosynth now bust and de-listed Sharebel
Less noise please……
“Growth” companies are notoriously difficult to value.
This one is different. The company itself gave away half 50% of itself to pay off a £600k loan. That is the true valuation of this company as per the CEO’s recent actions . Add a little bit on for potential, take a bit more off for further capital raising. It’s still overvalued.