RE: MWC update23 Mar 2022 14:53
Considering we are to a degree left in the dark, I think it is natural to feel some negativity, and for that matter an element of fear. I have not sold any. In fact, as I mentioned before I have been buying over the previous few weeks.
Tarana have had some delays that are now behind them so I expect a decent update reasonably soon - like many on here the hope is that keep them in cash until the big cash comes in.
As others have said, you don't change buildings and buy components that dilute your own holding because you think the market for your product is about to collapse.
I certainly cut ENET some slack, the pandemic has not helped.
I think the first massive market will be in India, there have also been delays including 5G spectrum auctions being pushed back six months, with the operators lobbying to get the spectrum on the cheap or for free. This is quite significant because although that causes an additional delay, the upside could be remarkable because the operators will have an enormous pot of cash to buy equipment - my theory is that is where ENET expect the first tidal wave of money to come from. I think this is why ENET have put a two-year timeline on the table - by then the fat orders will definitely be in.
For fear of being accused of ramping I will not mention specifics because I do not have enough proof - but there are some dots that could be joined that suggest that ENET technology could end up in the private network business of an exceptionally large company.
I also think part of the problem at this phase is that if ENET informed investors about the names of specific companies they are working with it would inform their competitors where there is an active market - so best to just keep quiet. Unfortunately I think in some cases we will just have to wait until ENET feel they have their feet well and truly under the table.
GLA
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