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Dallo that's utter nonsense.

Look in the comments from a guy called Brian. Plugging Ethernity. I guess we know who that is.

https://telecoms.com/505872/nokia-ericsson-and-huawei-dominance-beginning-to-fade-analyst/

Germany also exploring their options on openRAN

https://www.meritalk.com/articles/germany-eyes-open-ran-for-5g-despite-neutrality-on-huawei/

Open Ran is the way they will all go. Spain leading here with Telefonica going the open virtualised route. Literally they will all go this way eventually.
This is where Ethernity has opportunity.

https://telecoms.com/506528/telefonica-grabs-on-to-rakutens-coattails-over-openran/

Some of this mornings UT was my buy at 16p. Not sure how else it was made up but I got 700 more in the second auction.

Dallo I don't know how else shares end up in auction. I have experienced foreign shares in auction today. As for piling in you said that.
The speculative investor in the UK is a rare thing. The LSE is more than 50% funded by foreign investors. Ethernity has a presence in Israel and its a problem that it is so hard to trade on the AIM from there.

Dallo I don't think anyone mentioned foreign investors piling in except for you

Bid it is not like a UK platform. I can see the actual price. It is like dealing through a third party. When I do a market order it is not instant. I have traded once and it was broken into two. I will see what happens next time.

Dallo UT go at the mid price

OK this gets more intriguing. I also got 753 shares in the second auction. I guess that the first was oversubscribed.
I think that those in auction will be foreign investors.
It could get interesting if we are reaching foreign investors.

I think that this share needs the liquidity so not so bothered.

Tells me that there is a bit of supply but only at 16p. I guess that it went that route as my trade was from Luxembourg. Bizarrely Israel is excluded from the brokers reach so residents of Israel cannot use their services.
I must say that it's a pain as everything is slow and real time prices don't exist so no market quotes for on market purchases.

I assume that I am part of that 50k or maybe it will show later. I waited since yesterday afternoon for that to fill.

That's 9am UK time

I got 17964 @ 10am for 16p.

In actual fact from this text it suggests that they plan to just use the firmware and software on their hardware. However we do know that David has said that they are building their own solution onto ACEnic-100.
It does seem unlikely that little Ethernity has a industry leading product. David did say last year that a customer chose Ethernity fpga solution after trying and failing with the Intel product.
So unlikely may be the reason why support is light but everything points to it being the case.

Digging into old news I learn that the Chinese OEM building their UPF solution aren't just using the ACEnic-100 but Ethernity code firm and soft.
I also found that at this point they had completed extensive testing.
I guess that they were well satisfied with the performance and price.

Morningstar
Alliance News2 April, 2020
The network processing technology developer also said it has received a new engagement with a "prominent" Chinese original equipment manufacturer to deliver an integrated offering for the Chinese market.

Ethernity said the opportunity with the manufacturer came after completion of testing by the undisclosed Chinese company, which plans to port Ethernity's software and firmware onto its own hardware.

"The order to provide ACE-NICs to a major Chinese operator and the new project kick off demonstrates the further progress of its UPF offering into the Chinese market. Ethernity is focused on increasing 5G UPF customer engagements now that we have the best-in-class system solutions to address these needs," said Ethernity Chief Executive David Levi

This product will be a winner for sure. Not just the pay as you scale aspect but the performance and flexibility.

I think 5G has many speculators just not in the UK. Once we see money coming in value will come. News that a Telecom in China has sanctioned the use of the ACEnic-100 in UPF it is going to be easy to see how many units that will be. They often talk of their rollout plans. Base stations seem to be on or ahead of schedule. Next task is to connect, that is where Ethernitys ACEnic-100 is needed. Literally we are close now.

Well sooner or later China has to buy something to connect in Volume to 5G. Sales won't start in volume until then. I believe that the market knows plenty for a moderate valuation over £1 currently. However speculative investors are very thin on the ground in the UK especially on the AIM. Plenty of £1000 gamblers looking for a quick profit on news. However there are plenty of investors for long term dividend plays even on the AIM.
I must say that I don't seek any reassurance from the company. It is dull but it is always the way when waiting for something nearly 18 months behind your original schedule.
Plenty of reassurance to be had in the fact that in China they will use fpga on their aggregated networks. Ethernity are in with a solid chance of securing a big chunk of a billion pound market.