Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
40.65 to buy. Some shares available here but they won't last long before it has to move up.
A base is being built for the recovery. The chart is broken by the placing but it clear to see that it should be 65-70 currently. There are no obstructions between here and the 60p warrants triggered at 80p. We'll get sellers before the trigger swapping out shares so we'll need a stellar event to get us through. Beyond 80p barriers will fall quickly.
Certainly this year has lots to give and there is no reason why this can't break £1 before year end.
Typical response to news. A few days for the dust to settle then buyers.
A rising trend needs to be re-established. That's a big ask but the whole deal is balanced on just a couple of hundred thousand shares. Buyers come and it's back
Bid very possible that they may retain below the notifiable holding. The circumstances of this deal I suspect (know) are rather grey and whilst the AIM has zero actual Policing they won't want a stink.
The people behind 5g IF are highly significant to this story.
The connection between prominent industry players is very transparent. I met one of them recently in Malta and got a good view of how things are connected especially from the satellite side.
The picture is epic and the market has but a few pieces of the jigsaw right now.
Fatfaces have to be filled and we'll get the crumbs but for us those crumbs will be a feast
Share weakness!!! This won't affect it at all as the placing price is currently running the share price. These shares won't be released in any different way to the others. They maintain an orderly market and won't dump them, they never have. In fact they don't sell in volume below 41p which seems to be their threshold.
James the shares double tapping the market has been here a very long time. A strong rising trend was established despite and fuelled by that liquidity on the sell.
They have never dumped the shares but feed them in to maintain balance.
The dilution was always known about and today it was notified for admission.
Ethernity has used the funds to bring leading products to market that are now gaining production orders so well worth it.
All this needs is scale and to show a trading profit.
That won't be long now.
If the requirement for cash was immediate like the fiasco of the previous disastrous placing then I would understand.
They had one hand and fluffed their chances in the strongest chart back rising trend. They simply had to do nothing but wait.
For me it was a real game changer and I shapes my investment forwards. I don't think that I am alone.
Trust in the management strategy has been severely dented. The share price and lack of movement on the biggest contract ever demonstrates that.
It's a new risk created by their actions. The market sees that and here we are.
However it does tell us that they are churning through their shares. Ethernity needs to be clear of this anchor. Where would we be without those double taps and chunky sells. Where would we be without that placing after two news items on a rising trend. Certainly the trend would have continued. 60-70 my guess. Absolute madness.
The advantage of Ethernity are the unique solutions in a space with high barriers to entry with patents allowing for exceptional performance.
Ethernity are poorly valued and the recent placing has made that worse. The growth cycle ahead is unmatched in my opinion largely because others have progress built in to the price. Ethernity is priced like a dog.
It always takes a few days for any value to attach, especially with anchors like 5g IF and a cheap placing dragging it down.
The payment structure with agreed delivery schedules means that it's for a planned deployment rather than general sales. There will be more.
Sales will come from Integrators, OEMs and third parties.