Next news1 Jun 2018 13:20
The risk v reward here is fantastically favourable. I’d say current price reflects uncertainty over timing of contracts. Lots of businesses experience contract delays and then see their share prices recover e.g. COG recently. Ethernity have over two thirds of their market cap in cash AND are profitable AND have a fantastic product that is selling in the U.S, Asia, Europe etc. With such small float available next news in my view is going to move this double digits upwards where people can’t get stock to buy. So I bought today with a view that this will be higher by end of year and I can get the stock I want now because I won’t get it when news hits. Good luck all