Member Info for Fireblade23

The spread is making it difficult for any investor to make a sizeable investment at a 7.5% spread, so I can’t see any significant buys coming in at the moment.

Unfortunately it’s only people buying more averaging down at the moment, I think it will we will see a slow decline down to .10/11 during the day

Rns this morning that they new would pump the price, then another Rns at close fund raising, how can they get away with this, I know it’s aim, but they still have rules.

Now that the court case has been put to bed, the risk has reduced dramatically, hopefully that will make raising funds easier

Https://www.proactiveinvestors.co.uk/companies/news/1039808/ethernity-networks-experiences-positive-growth-and-restructuring-amid-tsp-process-1039808.html

Fully funded as of 6 weeks ago, plenty of money in the bank, 2.1 million! 30% increase in revenue to 3.8m in 2023, new customers, AI technology , at the current market capital this is in way oversold territory, it is due for a major correction.

Exactly, the company is not worth any less than it was then, just churn of sellers, with no patience, but patience will prevail.

I am super excited to be invested here, huge rerate incoming.

https://ethernitynet.com/wp-content/uploads/2024/02/Ethernity_New-Feb-24-V2.pdf

Skid, I am not saying we are going to get a signed contract from the show last week, but we could get an update that we have certain company’s taking interest.

But to be fair it’s been a while since any positive news, so a update is well overdue, so a positive update could land anytime.

You are obviously a bitter X investor here, at least I wasn’t the Pratt who was invested here at 33p plus like you 🤣

uallmakeitup

Posted in: ENET

Posts: 77

Price: 33.00

No Opinion

RE: Hmmmm...... is this the bottom?25 Jan 2022 08:50

T lied it was all in his name. I see he is blaming traders for bringing the share price down while selling his at the same time.

As for my 5p prediction, it’s achievable, that’s only a market capital of around £14m, that’s nothing for this kind of technology company, a major contract with a blue chip company they could easily achieve that.

Just need be patient, the share price is on it’s knees for know good reason as far as I can see, just a few impatient sellers, selling at a huge loss, very few of them are selling at a profit at this price point if any.

We have not seen any large sellers yet, this could easily go back up to the 5p to 7p range with the low stock float here with some good news on a big contract win.

They attended a show last week promoting the tech, so we could get an update anytime, could even be as early as next week you never know.

Unfortunately slow drain again back down, nothing to get it moving up now the poor RNS, usual drivel from the CEO, investors will be waiting another 5 months for the next load of drivel, and don’t forget the fund raise due in the next few weeks.

My 2m buy at 1.22 is looking healthy today

The volume is picking up, plenty of strong buys at .80p, I expect to see a tick up this afternoon.

This is the lowest it’s been since November last year, it’s fluctuated between 2.4 to 0.80 so plenty of upside from here on a positive bit of news.

Only 149m shares, so with the low stock float it doesn’t take much to get it moving up.

I am fortunate to get in here at 0.80/84 range, just a waiting game now.

Bargain territory, £4.7m raised at 1.5p 5 weeks ago, at a 30+ % discount, at 1.2p lots of money to be made here.

I’ve just loaded 2m at 1.22 and 1.22

This stock is still the best trading share on Aim, money to be made here, just keep waiting for the bounce, easy money.

I am in, there’s got to be money to be made here at this level, I’ve just been waiting for a sub 0.85 entry point.

It’s coming

And Blaisse added: “This is a highly exciting time for the company as we transition beyond exploration.

“I look forward to providing further updates as we progress our plans in due course."

At the same time, the company revealed it is primed for the next round of drilling – as it highlighted that its owned drill rig is “currently hot stacked and remains in a state of operational readiness”

And Whilst progressing the subsurface work, to better understand the resource estimates in a fractured Basement and fault play, we are planning the next phase of operations.