Member Info for Molineux

I would support such an action.

Looks like my bed n isa has gone through. Still here and still holding. Just got to hope for a rise to make it worthwhile now. GLA LTH.

The signs were there when I was banging on about the general lack of information/updates back in Feb/March but it is what it is. In any event, Mark appears to be extremely tuned in to the regulatory requirements of the market and so any significant happenings within the company will, I am sure, be notified to the market accordingly. Ultimately, the performance of the share price will be determined by the nature of those happenings and I remain confident that the management will gradually monetise the tech and IP. After all, David and Baruch hold significant skin in the game and it is in their interests to deliver on the shareholder value. Time, as always, will tell. GLA LTH.

FWIW I had a feeling this might happen after reading through the AR RNS. I'm afraid the market doesn't take much account of what may or may not happen in the future, it is looking at what is happening right now and what has happened in the past. Indications appear to be that cashflow positive has been pushed into 2022 and, whilst that may change, it wont encourage many. I had put these into the proverbial bottom drawer until Q4/Q1 '22 but if it drops much further I may have to see if I can justify picking up some more. As always, time will tell. GLA LTH.

Asklongy, I'm inclined to agree. The market doesn't look forward to anticipated events, it works on known facts and, whilst this is a very welcome fully detailed report, it does appear as though being cashflow positive has been moved into 2022. I'm still, however, looking at H2 as being a very positive time for ENET. Time, as always, will tell.

TL, I’m holding out for an “incredibly encouraged”!

Hi TL, I completely concur and, like it or not, the market is what will dictate the relative success or failure for shareholders in terms of share price. Who knows, maybe we'll all be positively surprised soon.

Taking the company into a 3x previous years income is excellent by anyone's standards and I am very mindful that the share price on Dec 1st last was 21p and it is currently 43p. I would, respectfully, point out however, that this includes the Dec 2nd RNS of 3x income, the Tarana deal and the increase, the DU announcement, and the various other announcements that have been discussed on here and other boards during the period.
IMO I would imagine that the market cap of this business may be somewhat different had the board seen fit to issue business development/progress updates at quarterly intervals during what is being generally purported to be an exciting time for the business with David's "...vision starting to become a market reality".
We'll see. GLA LTH.

Regarding the field trials in China and the DU development partnerships, I completely understand that the company cannot divulge details but, and I have said this before on multiple occasions, the company absolutely can give a progress update by way of overview. If this were an oil company drilling a well they would issue statements confirming breaking ground, then at certain depths of drill, and finally of success or failure. If memory serves, there hasn't actually been a statement confirming that the larger scale field trials in China have actually started (but I am more than happy to be told I am wrong). In any event, we are where we are and, no doubt, the results will be issued in due course.

Hi uhlf,
Agreed. My issue has been for some time that I, as a shareholder, have very little knowledge of what the company that I part own is actually doing which isn't particularly satisfactory. Other than the Tarana deal, the latest information I have about Ethernity is from last December which, frankly, doesn't help me make pertinent investment decisions with my capital. Information is a very precious commodity. Time, as always, will tell though. GLA LTH.

What's the betting that the results come out tomorrow with a similar bland statement to the one issued previously about everything being on track?! I have said this before and I shall say it again - if the market is to believe that Ethernity has seen an uptick in activity/demand for its IP/contract discussions and or engagement/positive advancement on the various testings etc, then the company needs to a) confirm same; b) provide a detailed business development update; c) offer the board's view of the immediate term future for those same developments whether good, bad, or indifferent.
I have also said a number of times that the longer the period from the last proper update, that being 2nd December 2020 IMO, the less the shareholders know about the company at the current date, what it is doing, and what the prognosis may be in terms of capital/market value and thus, share value.
I hope I am wrong, but I fear a results RNS at some stage over the next two weeks with little or no detailed information about the current year's progress or the short term future. As always, time will tell. GLA LTH.

Morning gregthegrinch, the board/Mark wouldn't take anyone's word for it in an email unless they hold directly and are named on the register, they would want confirmation from your nominee(s) and quite rightly IMO. In any event, I am currently holding C490k across various platforms and am almost at my third anniversary.

So, a Company update RNS that states that $5.4m has been raised for R&D 'in order to meet the development requirements and to achieve the anticipated revenues for 2021' and also that 'The outlook for 2021 FY remains unchanged' presumably from the Dec 2nd RNS. Notwithstanding the language used by David in his comments, given the message to the market, it is hardly surprising that the share price has dropped by C10%. As Q2 progresses into H2, it will be interesting to see how things go. Time will tell. GLA LTH.

Good morning Tracylied. I completely agree, and a general BU would be extremely welcome. And sentiments echoed from me 01234. Tragic events.

Morning Bid. Well nothing goes up in a straight line and I'd expected a bit of a correction earlier to be honest but happy we are where we are.

For the avoidance of doubt, I still hold C1% of this company and am almost at my third anniversary here. I consider the management to be extremely accomplished in their respective fields, and the product development to be both ahead of its time and also highly relevant to the respective market places. I also see nothing wrong with spirited debate, after all, that's what these things are for is it not? With regards to the Enetenders project, I suspect that the happy ending is gradually starting to demist!

Hi TL, whilst I don't disagree with what you say about the day before the Tarana deal, I must point out that what you say about part news isn't what I'm referring to. The BU that was issued on Dec 2nd last was an excellent update on where the business stood at that particular moment in time and gave shareholders, and the market generally, information with which to make decisions. The pace of change appeared to be fairly sedate at that time and so the validity of the information doesn't appear to have been too out of date. That's excellent. I am simply asking the company to do the self same thing sooner rater than later because, as the pace of change appears to have increased markedly, the validity of the information available could be (not necessarily is) extremely low. Having said that, I'm not going anywhere! I just really like accurate and up to date information wherever possible - the joys of working in compliance! GLA LTH.

I've been watching trade sizes as well and if there is insti buying they've got the patience of a saint! As regards news, the issue for me is that, as pace quickens, the current validity of information wains which means that we, as shareholders, may know very little about the business and what is currently happening. The rest is hope value which isn't of very much use. I would simply like to know where things are on the various fronts, good, bad, or indifferent, so that informed decisions can be made. The chicken and egg element with this is that the pace may be moving so quickly that an update cant be issued due to potential RNS-worthy news/directors inside/whatever else. In my experience MI is key. Time, as always, will tell. GLA LTH.

uhlf - good point! It's been so long I'd quite forgotten. You may well be right and the update could well appear within the results release. GLA LTH.

TL, agreed. I am guilty of focussing on the ACE NIC front as I considered that to be the main driver for this company and the one with the shortest term to delivery or otherwise but, since Tarana came out of left field, who knows what will appear next. That is why IMO the need for a detailed business update is becoming more important so that an informed analysis can be made of where the business stands in terms of developments, cashflow commitments, production commitments and capabilities and in which area(s), and other areas of focus for the business. I say this because of the apparent rapidity of change and escalation here which means we as shareholders probably know very little with any accuracy! Having said all that, I now suspect we wont get a general update until we move into Q3 because of that same speed of change! Time will tell. GLA LTH.