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Either you believe in the technology edge that ENET has or you don't imo. No one is talking about IP value, the elephant in the room. Tarana, Raytheon (and the potential access to more contracts and US DOD contractors that this brings), India or other O/S potential payments (ie China). The company is leaner and meaner now. Running costs reduced. So far only 50m shares to be issued.
The court will have insisted on this effective debt restructuring so that legalities are complied with. This does not mean that the full subscription arrangement will actually take place. Other income streams, not totally unexpected imo, would potentially turn this arrangement on its head.
I am sat here quitely doing my thing. GLA
Debt will be cleared. $15m IP value alone imo. Raytheons needs ENET for future support/licensing etc of platforms. This is the start of the ENET recovery now. The debt was always the main worry.
Buying whatever I can. GLA
Ya all need a little patience here. Many here will have run off to QBT today chasing its spike (where I am also invested) hoping for more gains. Best to have a bit of both imo and chill. GLA whatever you do, we are all here to make something for our families.
Indeed, and they will miss out on that news. There are only 149m shares in circulation here, and they are finding sticky homes. I have bought here from 1p to 3p and am happy to buy more. I know what this is, most seemingly don't.