Member Info for skid35

Although v happy as my largest holding, would like to understand the reason for the continued rise without a major item of news

So nearly 2/3rds the way through h2 and not a bean.

It’s almost like DL, the board and management team simply don’t have a clue and just constantly lie.

A tarana order may have saved them from dropping to a point where dilution carries on wiping out existing holders again, but seems not.

Not a massive amount.

Laura -

Reply 10 Oct 21:30.

LG, well said.

Absolute facts (eg the state of their balance sheet, known contracts), and then, based on historically how well DL and ENET have executed against what they said they would, an interpretation of the future.

By the way this is why the market cap is not set in stone as it uses the shares in issue, not the potential shares in issue.

Did try to get the full background on the dragoneye write up.

On the face of it seemed to be this is the % provisions / write offs in the past, why hasnt it continued at the same rate in the current year.

Trickey - do some reading for once - RNS 12th July.

They have paid for the shares (its not a loan) but the amount they receive is not yet determined. The 0.4 they have used in the 12th July RNS is at the time.

As learningG stated earlier today, the % of posters on here really not understanding how much is still to convert, at an unknown cost to new tech, to be washed through.

I think the same level of knowledge as the buffoon of a Chairman who didnt understand it when it was explained to him by a private investor of an AGM.

Al.

Yes, has been well managed especially channel and partner management.

Not sure what has caused the recent rise. I thought this would stables at around the 19-20 level (especially with & strength).

Always HP / juniper in the background, would have thought akamai would look to buy it off them if the current relationship is taking off.

Best to keep a balanced view after just one day of gains, reversing one day of losses from the prior day.

CCS interesting parallel to ENET with two CFOs resigning in close succession, and a contract CFO coming in.

Wad.

I actually have a “proper” career and job so don’t tend to look at my phone in back to back meetings.

Nothing has changed, need to see the cash runway which the old cfo (accounting clerk) ran away from. No response from the ceo, chair and brokers on where they are.

No certainly not reichenberg, I actually know what I’m doing.

I actually doubt he is taking his salary at the moment with the cash position, I think it is just owed. If you look at past annual reports he has done the same quite a lot.

PATT, yeah because he really know what he's talking about....

Laura.

If you look through the history of post ipo products the amount of customer interest is incredible but has led to zero, all contracts cancelled with ENET shareholders bailing them out. Rinse and repeat.

From the March business update and tevet proactive review he mentioned 2024 revenues of c 3m from companies at advanced negotiations where they would laugh products in the coming months.

The wording / detail below I believe these are not the same opportunities, or changed beyond recognition as they don't mention asic as the key driver. DL has been terrible at opportunity management, as DPL repeats on advfn of DL gets a business card it's a n RNS with a multi $m attached. DPL did tell me about the background to the "we are working with cisco and juniper", just incredible.

So where are they with Tarana, I think they must to down to a cash runway measured yet again in weeks now.

Third reminder to the CEO, Chair and broker on why there was no reference to the two predicted orders in the interim results.

No response.

Yes, I hold some shares.

Malpenn.

Like others here I don't think you understand the basics of the way this share issue is structured, and the potential further and unknown massive issuance (hint - it's just a bit more than 40m which needs to be burned through).

Just amazing posters here understand so little.

They still have an absolute tonne to convert at an unknown price.

Malpenn.

Yes I have doubts and wrote to the ENET.ceo, chair and it email.address ten days ago - nothing.

Yesterday contacted the broker - nothing.