RE: RNS21 Jul 2020 11:03
"stuck" strange expression. I certainly don't feel stuck, still buying small when opportunity is available. Now is the time to buy. Spent a lot of effort keeping powder dry when temptation hit, just adding small chunks over 12 months and more. Now events are near term, the sector is entering a boom period that will last at least 5 years.
Almost all of Ethernity business will be on the back of high speed and high bandwidth access. Up to now there has been no such access. Once it becomes available telecom will need ACEnic-100 to access that network. It will be needed for tier one and tier two but mostly tier one to start. As customer facing applications become challenging we'll see a lot of tier two deployments.
Anybody judging Ethernity on the past is not understanding the point of the IPO and the pending opportunity. Ethernity are leaders in this, look at the competition most are solidly focused in 5G implementation and haven't developed anything for tier one vendors it aimed at actual 5G not 5G to telecom.
I have been saying it a long time and it's nearly here. It is not the first time I have seen a total disconnect from AIM and share value. It has been commonplace with miners building new mines and oilers on production drilling. The AIM likes a good story but often just before realisation has the lowest valuation.
All about timing when investing and buying big chunks is a big mistake, I have made over 70 buy trades 0 sells for a low risk average.