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Looks like PEEL are the only MMs left with some stock to sell. The other on the Ask and the bid. 3 on at 15/18. Once PEEL are done it can move up.

A lot has changed since then. Ethernity won't be producing hardly any of the hardware. This is why they are working with vendors. They have manufacturing capacity. In 2017 the virtualisation wasn't accepted as the mainstream route for many of the big deployments. Virtual bolt ons are now established as the most cost effective and efficient route. The work on this is largely done.
I think that don't think that any will be looking at Ethernity wondering if they are financially secure.

I still believe that the share price will continue to refloat on the emerging body of investors now looking for 5G leverage. Many will be put of by the AIM but we really don't need many to drive the share price. I have had four new investors contact me on this platform. One just last week who has so far taken 60k and looking to add. The 5G opportunity is huge and just now a few knowledgeable investors are looking ahead.
I am not interested in any of the old business contracts as they are a distraction.
The share price has lifted since the basement. It will continue to do so. Not in a straight line but it will trend back up to the 30p trigger.
Ethernity are approaching the end of the beginning of 5G. Planning will be turned to deployment over the next 9 months. Procurement will start end of this year for Chinese vendors.
I don't think that it will be supersecretive like we have seen. Ethernity named them in the results, making it work is a shared challenge.

We normally get a trading update so we can expect one. I hope that they report how many are testing or considering Ethernity UPF and virtualised applications for mass deployment or vending into the new market.
Ethernity are approaching the reason for the IPO.

https://youtu.be/-fVHO_WCGF8
Nothing to do with Ethernity except this shows where vendors can and will enter the network with Ethernity products.

I see that the SDN/NFV gateway FitBNG product has split into two targets. One for the data centre the other remote likely at the edge or a node.
In the final results we were told that this had gone to a subsidiary of the group. I am surprised to see this development as NFV is a hit topic now in 5G.
We were told that it had refocused into UPF which just shows how fast things are moving. Fiberhome is a are marketing UPF on the ACE-NIC100 from Ethernity the same as the bng. I have no doubt about that. Fiberhome have substantial reach into the major vendors.

Certainly to connect in a commercial way Telecom will need to separate flows from multiple sources simultaneously at super high speed. The flows will need to be security, policer and counter plus a host of options. The UPF requirements that Ethernity fill are essential elements and Ethernity solutions are not just effective but cost effective and totally scalable to meet increasing demand. There is no need for ASICs or vendor lock in. No Telecom will go that route now.
We need to stop thinking of 5G being the market, it is not. It is what will come from 5G is the market. Every innovation will require a solution to connect to the network, every compute will need a way to step in and out. This will be done by ACEnic-100 from Ethernity Networks with various options available to meet specific requirements on standard APIs for rapid and commonly understood deployment. ACEnic-100 is a very cost effective solution, to work other solutions will cost five times as much.
OK so why aren't Ethernity selling thousands??? Simple the market isn't here yet. However it is not far away. We can expect delivery and lab testing to start in the next few weeks if it hasn't already. The opportunity is looming for Telecom in China to connect hundreds of millions of devices. One Ethernity platform in theory can manage many thousands of streams or flows optimised. I don't think that 2000 will be unachievable in 2021. Starting at $2-3000 each for a basic one set up. Much more with Ethernity functionality attracting long term royalties. 2022 I think that we'll see 10000 minimum sold possibly many more through 3rd parties and licensing agreements.
We'll also see sales of other solutions like ENET D network adapter which is an absolute market leader.

https://telecoms.com/506115/chinas-5g-market-is-not-as-big-as-it-seems/

They just don't get it. China doesn't have true 5G coverage yet not even on a pilot level. This is the point of the lab tests on SmartNICs in Q4. To work on volume at determinant performance they need the Ethernity solution. Pointless measuring a market that is not in commercial quantity yet. Mass deployment is 9 months away for China. What they now is selective 5G speeds but no bandwidth.

In many ways it won't be Ethernity doing anything. This is why they are busy lining up vendors. Not just Telecom vendors but OEM to supply Telecom vendors.
Ethernity will effectively be selling the ideas and tech for others to build and integrate.
Ethernity can rinse and repeat thousands of times. Only very small customs will be required on some. Things like counters for billing.

Yes mentioned with some huge industry names. Enet-D is a small part of the potential but is a top performance bolt on to the best performing nic on the market. As with the other markets it's about to become real

I would expect full price with one MM on the ask. I guess where we are is that they have some shares but not many between 3 of them.

4 buys 1 sell so far today

So someone paid full price for a tiny buy. Makes you wonder why that happens. 3 MMs on 18p.

It's true that the pin money is paying for some of the day to day costs but on first glance it appears that this is actually the business that they are in. One glance is pretty much all the AIM gets. What is coming is nothing like what has been but we are judged on that. This is why we are where we are.
However I believe that even with no contracts the share price will rise into mass 5G deployment. I don't think that they have ever made much difference beyond temporary spikes.

However deals are just a distraction if they are not from mass 5G deployment. Really this is the problem. The market is told of small deals that are really just pin money until the new market matures. If people continue to judge on 500k deals they are missing the point. One mass deployment could be $10m plus 5 years royalty.

I am not surprised that others don't see it. Do they understand the unique position, the unique tech or the size of the market. It does not matter how often David says it, they don't get it.
They will see the share price rise and will jump on with a tiny piece of the picture. It's why I say that the AIM is the worst place to be listed.

H2 2021 will be the very start of mass deployment. Revenue will depend completely on how they are paid and if or when they license IP to third parties. I expect ACEnic-100 sales of a couple of thousand units. If they produce a couple of licence deals for lumps and royalties that could easily add another couple of million quick cash.
2022 I believe revenues will be at least 5 x 2021
Then each year I would expect similar.
Profit will not be linear because the cost base will hardly change.

The drop was caused by just one MM. I suspect that the 350k was worked Friday to allow the rise. Liquidity is super tight and the MMs are more likely to shut up shop than chase this up. I think that we'll see a organised walk up to mid 30's over the next few weeks.

Any news and buying will be very difficult as always.

It's not been unusual to be able to buy below the mid recently. There are 3 competing to supply you shares marked at 18p. Liquidity is a real issue here but today there appears to be a small amount of stock available to buy. I don't think that will last long.