Member Info for Tracylied

My thoughts are evidenced by the fact that with costs the deal makes 1000. Round number and odd number of shares. Also it was a penny over the sell before. All it was yesterday was a thinking with the boundaries of the price. Buying and it goes up again the balance of trades is massively on the buy side. I am not sure what is happening with the market but over the last few month we have had 3 times as many buys as sells by volume. How does this market balance.

The second trade was almost certainly a buy.
The actual bid and ask are just rattling around in the huge spread.

It will get there, a bit of a breather is healthy. No froth in the price which is well grounded.

Looks like they are still looking for some sellers dropping back to spoke some to preserve any recent gains. A quiet day today waiting for a update on activities.

I think that it will reach 50p even without a contract. This is about 2019/20. We just need maybe 10-15 people to understand that and invest 10k each. Added to normal traffic that will do it.

The link really explains what is coming and the essential nature of the ethernity products. Yes they are not the only provider but they are amongst the leaders with the highest performing solutions.
Also the Israel US link is in the zone parallel to Telco and other key players.

https://www.ethernitynet.com/enabling-the-virtualized-edge-with-smart-nic-data-acceleration/

I think that this will go much further than JOG as this is new technology and the size of the market will grow from nearly nothing now to x 100's over the next few years.
The potential customer base is huge and the two contracts so far are on the fringes with just firmware.
Once we have a volume ACEnic or fkow processor deployment we will see the extent of the return and some guidance on royalties.
Ethernity are one of the leaders and the pack are closing in on the requirements that Ethernity will deliver.
I am I think fully loaded now but if I get more available funds I will buy to 50p and reassess from there onwards.

Certainly buying shares in quantity is near impossible. I have largely stuck to £1000-1500 to buy and it's been achievable occasionally with online quotes. 60k shares is about 1% of the true liquid shares so I guess that explains the difficulty.
I am sure that the illiquidity has caused the massive buying opportunity as low as 18p recently by creating a massive gravitational pull down on relatively small selling. The effect was totally disproportionate. Once accepted it makes this a very very safe investment if you can afford to wait for the same effect to influence the rise. We are enjoying that now where £20000 can add a million to the cap. In effect our shares are levered 10-1.
I believe that this will remain the case until this time next year and £3 share. I believe that is the earliest that we will see any institutional selling.
Of course Brexit and all manner of risks may cause institutions to sell but I believe that they won't as this is a Brexit safe share likely to pay dividends on maiden profit 2019/20.

Given the lack of shares in the liquid market I believe that we will see chunky steps up just the same as on the way down. I think that 50p will be a barrier that will require contract news or a trading update to break up.
My holding broke into profit today thanks to the buying below 20p.
2019 is really where the story will gain momentum. I think that it will be a monumental turnaround story.

Agreed. Many are happy to sell for a free carry on 50%. I believe that the next 12 months will go in chunky steps to £3 a share.

Up 14%. Good start again. Still stupid cheap. I wonder where they will find any sellers, 50p+ my guess.

I think that there must be something up with my screen as 26/30 is showing as up 1 but it's yesterday's close price. Also the 16k trade didn't appear on the LSE trades list just on the front screen.

29 trades I guess could be either. I couldn't buy at 29p late morning and I was offered 27.5p for my shares. This afternoon I was offered nothing to buy online but they would take 50k at 27.5p.

I think that if we had just a few buys now the price would climb to the mid 30's. Opportunity is looming for a decent refloat of the price as liquidity grips.

I think that if it were to spike up it would not come back down as New interest would be generated and stock would be even tighter.
I think it is the reason behind the massive drop and this price will swing dramatically on not much volume at all.
Obviously I would not suggest such a thing but some orchestrated buying by a small syndicate could double the price.

A absolute maximum of 5.5m shares in public hands of smaller investors. Some of those could be with smaller institutional investors. I guess that explains the liquidity issues and the lack of trading volume. Of course it means that drops and rises are extreme and triggered by small trades. We have seen that on the way down and we will see it on the way up for sure.
Institutions are slow to respond and I don't see them buying or selling in the near future. So about £1-1.5m of stock controls this game.
I maintain £3 in 1year and £20 long term. Made of dividends and share price. 5-6 years.

Not many shares where the significant investors +4% shareholders hold 83% of the company. These are not nominees from what I can see. Management hold over half of the shares in issue. Tells me that dividends will be the priority upon profit. I have invested in companies whom have had the opportunity to pay dividends but go shopping for new projects instead. The overheads here are quite fixed now and royalties will have ongoing visibility so paying dividends early should be achievable. No need for a huge cash pile.
All will be revealed soon I am sure with a trading update and disclosure of the market reaction to new products.

Indeed. I think that they fear a flood and have raised the barrier. Is 30p the actual price or the put you off on a big fake spread price.

Thanks for confirming that. Take 40k out and it's looking well balanced. I can see this rising further looking for more sellers. I think that the buying pressure will still small but steady for next week pushing the price into the 30's.
Looking at the one year chart the trend is breaking and a few more days we can call a reversal. I believe that there is a long way to run before we establish a market that makes any sense.