RE: Approval to be granted23 Aug 2024 15:12
Been out to buy paint 20 % off at HomeBase on indoor paint.
Come back to have a look around and saw this one from PATT from Adfvn. Answering SKID re $55 per unit.
purchaseatthetop23 Aug '24 - 11:26 - 38880 of 38883
0 2 1
Skid posting utter nonsense on LSE
“skid35
Posts: 2,912
Price: 0.60
No Opinion
RE: Approval to be granted
Today 08:08
The key question is what is 1. When is the next tarana unit order 2. the forward monthly run rate from the next contract 3. Have they secured an existing estate software refresh.
Key to 2. Is unit price which they have stated is $55 one off all in, no on going recurring fee.”
6/4/21 RNS
“Following a contract between Tarana and Ethernity signed in 2017, Ethernity has worked closely with Tarana to support its development efforts toward bringing their innovative fixed wireless access product to mass adoption. Tarana successfully completed field trials in 2020 and is now fulfilling orders from service providers for large-scale commercial deployments of G1, requiring supply of 5,000 units of Ethernity's ENET Flow Processor over the next 12 months.”
Tarana revenue in H2 21 was $740k. If the unit price was $55 then this $740k would represent 13,450 chips. Let alone the other $500k revenue in H1 22 which would have been another 9,090 chips.
In May 21 we received purchase orders for $2m to cover the next 12 months of chips. For 5,000 chips that is $400 a chip. But we know that they probably ordered more than 5,000. Maybe 7,000 so $250 to $300 a chip is fair.
But $55 is just stupid. He should be embarrassed
Sign In
Follow the stocks
