Member Info for gregthegrinch

Best online broker for dealing ENET shares? Experiences?

Dallo

I 100% agree on the rights issue or any mechanism that guarantees existing shareholders first refusal on any fund raising.
Loyal shareholders should not be fleeced if a raise takes place - this would also stabilise the SP if the need for cash arises e.g. a manufacturing facility. Would also push up the SP if they came out and mentioned this as a de facto next strategy if wad is required.

I am still sitting and waiting - I hold a decent amount :o) Not sold any.

Here are a couple of dots for a potential buyout:

Dot 1: Who did David Levi sell his previous business to?

Dot 2: From the previous results:

'FPGA SmartNICs are often considered as high-end and expensive compared to SmartNICs that are based on multicore programmable ASICs, but Ethernity's approach to the SmartNIC market enables the use of FPGA SmartNICs at the same price point of ASIC-based multicore devices such as those offered by Mellanox and Broadcom. The goal is to change the paradigm and to allow FPGA SmartNICs to capture larger market share compared to ASIC-based SmartNIC offerings. '

5g have to stay under 5% - that could have happened selling on the open market.

5g must keep an orderly market.. I have repeated this many times.
Fact is, patt is guessing... 5g strategy is only known to themselves.

The results are exactly as I expected - 'Fish and Chips'.

Nothing has changed - still a pathway to a massive multibagger.

The RNs was a long document that nicely summarises the situation - will be of some use to II's - with some decent juicy reminders of potential e.g.:

A recent report published and as highlighted in our Blog https://ethernitynet.com/market-for-dus-in-openran/ calls for 1 million DUs in use by 2024 (excluding China), representing an average 400,000 DUs per year during 2023/24. In this market Ethernity is positioned as a differentiated and innovative offering with integrated routing and security offload that utilises our existing IP.

Been busy.

Sittin and waitin.

Sold zero shares.

The story is unchanged... price just bouncing around because 5G selling and people impatient for news.

All very predictable.

What will the results be? Feast, famine or 'fish and chips'?

I reckon the last.... the fireworks will start H2. CV has slowed things down so delays in updates expected... but they are only delays and will not affect all ENET business.

You dont have a 4-20 bagger on your hands if the path to good profitability is crystal clear... still a great risk/reward play.

Jesse Livermore:

Learn how to sit tight

After a wild and lengthy rollercoaster ride as a speculator, Livermore believes he has found the secret to his success. It’s obvious he’s excited by this discovery, which he eagerly shares:

“After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: it never was my thinking that made the big money for me. It was always my sitting. Got that? My sitting tight!

“It is no trick at all to be right on the market,” he adds. “I’ve known many [traders] who were right at exactly the right time, and began buying or selling stocks when prices were at the very level that should show the greatest profit. And their experience invariably matched mine; that is, they made no real money out of it. [Traders] who can both be right and sit tight are uncommon. I found it one of the hardest things to learn. But it is only after a stock operator has firmly grasped this that he can make the big money.”

Tarana MTN Supersonic Air Fibre Video

https://techcentral.co.za/calvin-collett-unpacks-supersonics-air-fibre-heres-how-it-works/107490/

I have not sold a single share.
The Israel situation arose and we know 5G most probably have to sell a chunk before their next tranche. Liquidity thin on the sell side while Israel situation going on and waiting for next RNS to put wind back in sails.
It is not an un-normal retrace regardless of events.
We have had some people admit selling, at least on the ADVFN board.
GLA

Ala CLX - IMHO an RNS that provides clarity on turning a sustained (even small) profit = + £75m

Great points TL and b
I should have clarified that I don't think there will be a placing, point being II's will have to buy via the market and building a position will move the SP significantly north.

I'm thinking if the Tarana cash plus other comes in quickly then no placing - II's like cheap shares via placings but funds etc will increasingly have to buy in as the MC rises - bodes well for a big jump an a stream of good news - still reckon there must be one or two RNS's on the way for 5g to sell into, maybe 5g know Tarana are going to place another fat order?

I bought a few more for a LTH. Also I was about to buy a £3k mic - cash went in at the recent low - I reckon that will be my only 'trade' - hopefully I get the mic at an effective 50%+ off :o)

This mini drop has released approx 2% of shares into the market - a decent chunk - I wonder how much into the SPIC?

Hmm.... 5g selling into this rise?

It will be interesting to see how long before new II's arrive to form their own sticky club. As the MC hits different milestones I expect they will be allowed to participate. We have been at £25m MC for a while so maybe we have some nibbles, but will be interesting to see how it unfolds at £50m, £75m etc

I also wonder if the MM are building a trading position?

Sittin and waitin
GLA

By the time this gets back to pre Israel crisis levels I reckon this drop will put another 1-2%+ into the sticky club.
Free float must be very thin - hence the MM cupboards are bare and the frequent trade lockouts.
Bodes well for when the good news hits.
GLA

b - yes - double damn!

:o)

I almost wrote 'dam' for the hell of it. I'll save that for Monday when the 'dam' should break.

lose -> loose

damn the no editing!

TL - yes their cupboards are bare.
Upwards from here.
I tried to buy later in the day but they shut me out - I could sell loads at 44p.
Sticky club hovering up the lose shares - business as usual and a decent RNS would really make things interesting - must be one due soon.

re demonised - on bb's it is very easy for things to escalate for little/no reason - dont take any of it personally, better off spending time reading your book :o)

Tale care all

Have you read the book?

Not wishing to sound like Rigsby but... 'If it wasn't for the war' I reckon with unfolding news and potential we would be at 60p.

IMHO it was obvious that IDF were/are going to enter Gaza at some point to hit Hamas - **** is already on the fan so they will make the most of it. I cant see a civil war - this will ebb after IDF make some big hits over the weekend.

I dont care about the current SP - my advice is buy more (I did) - long term this is last chance to fill your boots sub 50p. I reckon today was the bottom. This was a predictable and is a temporary fall - ENET are as on track as they were before the hostilities started.

Most importantly lets hope Israel gets peace ASAP and with the minimum amount of suffering.

Stay safe TL - and if you are reading this ENET management, this goes out to you as well.