RE: TOPPED UP 👍21 Oct 2024 20:34
Good luck Castle, and all other holders.
A random thought ..... according to the RNS the 195 million shares allotted to Newtech should be admitted to trading 'on or around 25th October 2024'
we will soon see if the choose to dump them into the market at circa 90% quick profit ......... or play a longer game and wait for new contract details, with the resultant significant price rise and make an absolute killing.
Another possible scenario is they wait for contract news and sell what would be 25%, for starters, of ENET to a bigger player in the tech field - who could parachute high level senior management into Ethernity to really get the show on the road - ideally relegating DL to a back room job, to do what he does best.
Just random thoughts but definitely "interesting times" ahead for holders