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ENET is showing exactly the kind of price action bulls love to see — strong upward momentum backed by solid depth on the bid and committed buying interest. Up over 21% on the day, the market makers are holding the bid higher than earlier and keeping the spread tight, a clear signal that they’re confident in the order flow. The tape is printing chunky trades at progressively higher prices, proving that buyers are happy to pay up to get stock in size.

This isn’t a thin, shaky rise — it’s a controlled climb with real liquidity behind it. The 0.018 bid is stacked with size, the ask is only a whisker away at 0.021, and the book shows no sign of sellers overwhelming demand. If we push through 0.021 with conviction, there’s every chance of unlocking more upside as supply dries up. For the bulls, this is the perfect storm: strong bids, rising highs, and momentum that’s starting to feed on itself.

Today’s trading action in Ethernity Networks (ENET) shows a welcome shift in sentiment, with the share price climbing 12.5% on solid two-way activity. The bid held firm at 0.017 for most of the morning, backed by visible size from multiple market makers, while the ask stayed tight at 0.019. This stability suggests there’s enough buying interest to absorb sells without forcing the price lower, creating an orderly market. The steady prints at 0.018–0.0185 show that demand is willing to meet sellers partway, a positive sign after a long period of weaker liquidity.

The volume flow also points to healthy churn rather than panic-driven exits. Market makers have allowed sellers to take profit while maintaining depth on the bid side, preventing sharp drops and building confidence for further upside. This kind of price action can be an early indicator that supply is being cleared out and stronger hands are stepping in. If the bid resilience continues and buying pressure nudges through the 0.019 level, ENET could be setting the stage for a more sustained move.

Even to be in the same room as cpx is impressive

If you’d looked at Ethernity Networks a year ago, you might have thought the game was over.

Revenue had collapsed by more than 60%, debt was piling up, and the share price was buried deep in penny-stock territory. Investors were abandoning ship, and the company entered a Temporary Suspension of Proceedings—corporate triage for the barely breathing.

But here’s where the plot twists: David Levi, the founder and CEO, didn’t just cling to the wheel. He doubled down. Literally. He bought millions of shares in the company, increasing his stake even as others fled. That’s not a “symbolic gesture” kind of move—it’s the “I’m betting my own money this thing survives” move.

14 Aug – guaranteed EGM result RNS. If it passes, we could see funding for the ASIC push within days, likely bundled with a customer deal to show it’s for growth, not just runway. The European OEM contract is already at terms-agreed stage and could drop late Aug, alongside a possible patent grant. Add in the Tier-1 next-gen RoLT talks, new U.S. RoLT OEM engagement, and the PON ASIC collab, and you’ve got multiple shots on goal straight after the EGM. Levi’s been dropping news every 2–3 weeks since June — odds are high he keeps the pace.

As much as I like RM a new name is key

Maybe changing my names a good idea lol

Keep an eye on geo lads

CPX continues to show real strength — holding tight at 0.455p+ with a rock-solid bid at 0.44p and no sign of sellers dumping. VWAP at 0.453p tells you the bulk of today’s volume has gone through at the top end, which is exactly what you want to see in a breakout continuation. Buyers are leaning on the ask, keeping the pressure on, and the order book depth is healthy on both sides.

This isn’t a one-day wonder. With CPX already in supply chains for giants like Samsung and the market now awake to the design-win potential, we’re looking at a proper re-rating story. Break 0.47p with conviction and 0.50p is on the cards quickly, with blue sky above that. The volume, the price action, and the fundamentals are all lining up — it’s starting to feel like the smart money wants a bigger piece of this.

Next RNS is nailed on for 14 Aug (EGM result). If it passes, mid–late Aug could bring funding for the ASIC push and news on pending OEM deals. We’ve got: European OEM with terms agreed, U.S. RoLT OEM in talks, Tier-1 already deploying thousands of units and looking at next-gen, plus a patent grant coming. News flow has been steady since June — odds are we’re not waiting long for the next one.

Just sticking to what’s actually in the RNSs…

• 1M units shipped on royalties (17 Jul)

• Thousands of Tier-1 Remote OLTs deployed (24 Jul)

• European OEM – terms agreed, just needs sign-off

• New U.S. RoLT OEM in active talks

• U.S. patent allowance for advanced routing (20 Jun)

• Potential PON ASIC collab with a major European semi vendor

Timeline’s simple:

• 14 Aug – EGM result (guaranteed RNS)

• Mid–late Aug – likely funding/contract news if resolutions pass

• Any day – OEM sign-off, patent grant, or more deal updates

Plenty happening. The price swings are just noise.

1M units shipped on royalties (17 Jul), thousands of Tier-1 Remote OLTs deployed (24 Jul), new European OEM with terms agreed, new U.S. RoLT OEM in talks, U.S. patent allowance for advanced routing (20 Jun) plus potential PON ASIC collab — and the timeline is clear: 14 Aug EGM result, mid–late Aug likely funding/contract news if passed, and any-day updates on OEM sign-off, patent grant or further deals. That’s progress, whatever the daily price noise says.

DL now has to show his hand or fold imo

Skid35 – 1M units shipped to a single OEM (17 July RNS). Thousands of Remote OLTs with the U.S. Tier-1, 40% of them in the past year (24 July RNS). New U.S. RoLT OEM in active talks. European OEM with terms already agreed, just waiting sign-off. Plus a U.S. patent allowance in June that strengthens the tech stack. That’s actual delivery and real opportunities on the table — whether it fits your narrative or not.

The next definite news will be the EGM result on 14 August 2025, when shareholders decide on the share capital increase and pre-emption rights. We’ll see an RNS that day confirming the outcome.

If it goes through, mid to late August could get interesting, with a good chance of follow-on announcements about funding for the ASIC strategy or fresh contract wins. And at any point, we could also hear about the European OEM sign-off, the formal grant of the new U.S. patent, or progress with the other OEM opportunities flagged in July’s update.

Skid35 – this is exactly the posting style T3DP was highlighting. You’ve gone straight from “ignore de-rampers” to a list of worst-case assumptions, while skipping over any of the company’s actual reported progress. “No sales” isn’t accurate given deployments mentioned in RNS updates, and calling current customer interest “pretend” is opinion dressed as fact. As for the aero Tier 1, delays in complex tech and defence contracts are common, and absence of news is not proof of failure.

Criticism is fair when it’s balanced, but repeating the same negatives for years while dismissing every positive starts to look like an agenda. Genuine investors weigh both risks and opportunities before deciding — not just a constant stream of one-sided pessimism.

Please don’t be out of this guys imo

Makes no difference

CPX is showing serious strength into the afternoon — up nearly 11% with the bid firm at 0.44p and buyers willing to hit the ask at 0.47p. That’s not just day-trader noise; the tape is still printing chunky blocks, showing that bigger hands are comfortable accumulating even after this week’s big move. Momentum is clearly on our side, and the order book is set up for another push higher if 0.47p gives way.

Layer in the fact that CPX already has proven technology being used in Samsung devices, and you’ve got the perfect blend of credibility and growth potential. We’re not talking about a “hopeful” small-cap here — this is a business with tier-one clients and a track record of delivering in high-spec markets. With liquidity this high and sentiment firmly bullish, the market could be positioning ahead of the next contract or update. Hold your nerve — this could just be the middle of the move, not the end.

Green surrounded 😂

Let’s see what happens

Soooo excited

Fab products, deals done

Fully funded

Rock bottom value