Member Info for ExMS

I know you like to deal in facts, so these numbers are facts. Embarrassing facts I grant you, but facts nonetheless

Chase

FY 2024

Gross revs $1.38m that’s all

Capital raised $1.86m inc $175k raised on 4 Dec 2024

Cash position as at 31 Dec 2024 $50k

That was the starting point this year $50k.

So Chase,

Potential blah,blah,blah. Potential, if you believe there is any at all for Ethernity (most don’t) , is completely wiped out should Ethernity go bust. Seems an obvious statement but in the case of Ethernity they are very likely to. Just look at the financials. They are dire. What are your thoughts on the cash runway? You conveniently seem to ignore this.

No company, even if they rated Ethernity’s tech, would be deem it appropriate to initiate new business , especially where there is any form of capital commitment , with a company who’s balance sheet and financials have been, and continue to be, in such a perilous state.

And Ethernity taketh away

Even DL won’t lend! Go figure

No money, no revenues, no business, no hope

There are no meaningful revenues FACT

Again nonsense Chase.

Placings are forward‑looking by nature, not confirmations of completed contracts.

What is this supposed to mean? Placings are capital raise events and dilute existing shareholders. The only way they can be considered forward-looking is in the sense that there is no other meaningful income expected hence the need to raise capital

Yep MMs

Every analyst on Wall Street has to make assumptions so the notion that this is somehow not the right way to approach company analysis is absurd.

There’s a long way to go

Chase,

You need to read all RNSs including the interims and finals to get the clearest picture.

I think your problem is that you seem to accept that anything or indeed everything that DL says is true. That’s a dangerous path to tread…..

Market cap going lower. Does that make it even more of a ‘bargain’? 🤔🤣🤣🤡🤡

Send in the clowns…..

Perhaps removing those rose-tinted specs may help you Chase.

It’s their NOMAD and broker. So yes the member will be correct

Seasons Greetings Skid

So yeah, it’s an absolute 💩show despite what you might want to dream otherwise

Stupid is as stupid does

Mkt cap can also increase if the share price decreases simply by issuing more shares. Say 15bn as an example