Member Info for Tracylied

Dallo the IPO was to build the tech to sell to a future market. The tech is built and the future market is very near at hand. Most of the contracts were from the old business model and were just to tick along whilst they wait for 5G deployment.
The disconnection is because in this future market people are looking back. They are judging the future on a market that has not started yet. The disconnect is obvious for all to see.
If the valuation is here now and the future is not clearly that is a disconnect unless the future market is in the share price.
These events are solid gold opportunities.

Averaging down is fine if the story supports that. Even at 60p it was well undervalued in my opinion. The IPO fairly valued the future but it was the future and the AIM holds largely a shorter term view.
The story here is robust and the share price is totally disconnected.

11.51/11.75 current prices. Dipped below the placing price.

So wins in at 12 nobody else moves. So we can see Wins has a off market supply.

Bid clearly those buying know about Ethernity. There will be contracts and there will lots to talk about but as China doesn't have 5G yet clearly the Telecom don't have anything to connect to so there are no contracts for anybody yet. The last 100 trades most by volume are buys, the share price has dropped to almost placing price which clearly points to the MMs having shares from that placing. Otherwise they either won't have shares or will have shares at a much higher price.
As we know Ethernity are in a future market, I see little point in brokers trying to sell that to anyone at the moment. Once the time is here there will be a rush to connect to 5G. Tier one can see that now and we know that they are lab testing Q4.
I think that if are just looking at the share price these future winners are not for you. If you see the share price drop and feel that is negative and not a opportunity this sector is not for you.
My plan is to get as many as I can before focus turns to the sector. Any player will rise with the sector good and bad. Telecom will become a boom sector. I like to think that will start by year end, certainly we'll be seeing a lot more attention by then. Solutions will be needed next year and they will have to contract following testing. These will be access to large numbers over a sustained period. Yes the Telecom will have to sell services at tier two but the tier one will have to deploy in numbers and that means chunky sales and promises of sales.

We have seen a walk down from mid 30's into the RNS regarding funding. I suspect that the MMs had some knowledge and access to the placing shares. At least 2 possibly 3 MMs to cause this. Considering we have 2 new MMs now I must wonder if it is coincidence.
The volume of buys against sells has been high although the actual volume not huge it has been consistently that way. Once the MMs run short things will change. Now the price is squeezing as they compete to offload. We'll see this again at 30p and 40p with the warrants. The share price was walked down from mid 30's on this and will walk back up again once supply runs short.

We have seen a walk down from mid 30's into the RNS regarding funding. I suspect that the MMs had some knowledge and access to the placing shares. At least 2 possibly 3 MMs to cause this. Considering we have 2 new MMs now I must wonder if it is coincidence.
The volume of buys against sells has been high although the actual volume not huge it has been consistently that way. Once the MMs run short things will change. Now the price is squeezing as they compete to offload. We'll see this again at 30p and 40p with the warrants. The share price was walked down from mid 30's on this and will walk back up again once supply runs short.

Sells at 12.02 buys now at 12.10. Yes walked down by MMs competition. I suspect that at least two have a supply and are happy to supply even on a tight margin. Once exhausted the share price will rise again.

It's absolutely c l ear that some of the placing found it's way to the MMs. Once clear it will float again.

Yes but smart people are finding opportunity. Flexibility is key. Exactly what David has done as they found delays. Breaking even is sometimes a winner

On the water. Spending summer on the med. Hazardous this year with extra migrant routes hence night passage. Boats out of Gibraltar but I am rarely that far west. Just touring the east end. Israel is not closed but the marina isolated us on the outer wall.

Certainly until they are sure any sellers are through it will be held back. I believe that will persist for another week. No point to release news now.

I head North at dark. Which is a couple of hours away here.

MMs are just traders of many shares. They position themselves against others but react to the market not drive it. MMs have very little knowledge about the company and the industry. It is like saying that a bookmaker knows horses, they just look at history and see what the other bookies and punters do. They don't follow the stable, they just react.
If you think that MMs are fair or act for Aby reason other that to make a quick buck or sink a competitor then you don't know how it works.

Dallo nobody is offloading.
I am leaving today. It has been strange. Waited ages for bunkering but now ready. I will move North, probably Turkey.

It's not worrying me. Do you think that the MMs understand the business. They know nothing about the company it is simple maths to them. Several people have been hoovering up shares. I know some myself, some are here in Israel even though it is hard to trade AIM from outside the UK.

When I have a secure connection I will do it.

Minimum trade value £90. I will top up and try again with a larger amount

To demonstrate I will buy 13 shares in the next few minutes.

Yes that's because you bought in big chunks. It's why I buy in small chunks and on quiet days well away from news.

The MMs are competing. If they have a supply at 12p they are just working the margin. This is simple competition.