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Tomorrow morning is prime time for an announcement....

I am in Turkey now for a while. Beautiful coast and lots of exploring to do.

I doubt it as it is all quite straightforward. In fact disclosed already really. They won't be drawn live on forward statements.

Rest assured that Ethernity are not about to do anything without a legal basis to the property produced.

Yes indeed we have no idea and it's not going to be the same deal for all because the specific requirements will be different. This is a design opportunity. These are normally paid but who knows.

We have to assume that there is a development contract. How can they work independently with 3 server vendors to design a product for engaged ISPs without any contract. This is a design and research development on the fly. Rapid for a new product.

Nothing to say that the DU development is not funded as part of a contract. We have no information.
Cash positive H2 2021.

More than 2000 and they want full price online. Maybe not many available with the two lowest MMs. Certainly they are holding back.

49.1/49.5 live online

I am expecting the results for last year and some forward looking statements in the very near term. Last year was a bit disrupted by other events the year before 12 June.
I am not interested in last year but hopefully we get some answers on what's happening post period 5+ months.
We are well overdue an update; good, bad or ugly. I believe that it is largely good but not complete yet. H2 we'll hear of orders and at that point we will have to hope fpga are available to Ethernity.
Lots up in the air but we are in prime time for some big news if sales through OEMs and integrators.
The DU solution with 3 server vendors I think will be September before we get contracts.
Plenty of reasons to be very positive.

They duck and dive around the smoke and mirrors but it's just dressing with no real direction at the moment.

Agreed. It's poor but it is where we are.

I suspect that the short term is capped by 5G Innovation fund. Lots of shares available just over 50p so I suspect that is their price point. Without news they will sit there soaking up any buying. It's an extraordinary situation when volume is low. MMs I suspect have a balance to meet and until that goes we wait.
Just a guess from what I see.

MMs divided. I can buy 500k shares at 1p premium online with IG. I can sell 250k at 48.5 online immediate quote.

50.1 to buy with quite chunky quantities available. I will buy this week if it drops. I have £6k waiting at 46-47p and £12k at 45p.
I am expecting news but I think that it will be later in June. Until then any weakness is an opportunity.

Absorbing the information from the recent Tarana update. Early Q3 to end Q4 provides orders worth $340k. Over probably a 5 month period. So around $68k a month.
2022 at least $100k a month with potential to increase. Obviously useful cashflow and hopefully decent margins.
All hinges I suspect on the availability and cost of the fpga. The Tarana orders will increase rapidly I believe as they are already gaining significant traction in Africa. The Pacific region, and the US are the obvious markets for this product and I think it likely that they will be used with satellite deployment to fixed locations.
Obviously it starts very small but regular recurring income to breakeven is really the goal in the next 12 months to slow or eliminate the funding requirements.

Bit of a nothing day so far. Doesn't look like I will get any at 46 today. Volume dropped back to daily churn. I can wait.

Nokia has only ever paid lip service to OpenRAN. Like all of the old skool vendors they will have a shrinking market ahead where they will have to engage others or be sidetracked.
Integrators need to step up now to push Open networks. I believe that we'll see open networks exceed Nokia and the like in performance and cost early next year. I also believe that we'll see open solutions specifically designed to lift restriction from the monolithic offerings. So they don't work with open but open transforms them and removes lock in. Now that will be interesting.

On IG I can buy 200k for 56p.
I guess that is the position for 5G IF.

Currently stock is available at 51.25 so purchases will show red again.

I do believe that we are going to see a Indian ISP launch a Tarana based Air Fibre product very soon.