Jedster relax about your bubble. Look back on your bubble from £5 in a couple of years. I have traded a few in this situation on other shares but not this time because it changes so quickly and with only 6 MMs it can dry up rapidly. Right now most of them want to play.
It is simply the ebb and flow of the market. The uptrend will continue. A 2-3 year view is the only thing that makes sense. If Ethernity fail to gain volume on 5G, the DU product is discontinued after the initial production to the 5G pioneer service providers and Tarana excitement dies down they will only reach £2. If anyone of those runs £5-10 If they all run a massive score. That is inevitable as the 5G noise will drag up the good, the bad and the ugly.
The insane reality is Ethernity kit can be at 3 stages, at least 3 stages from the radio unit to the CU. Ethernity have so many opportunities to sell through so many routes to market. The numbers are incredible and when I talk to investors and potential investors about it I sound a bit crazy but it is absolutely as it is.
The share price trending up is absolutely inevitable. Ethernity just need to do OK and they will make £2 in the 5G ramp up. So far a non 5G pre IPO contract is delivering way above expectation. I believe that this product is worth the total current cap based on likely cash generation over the next three years.
I thought that the market knew enough already to move into the mid 40's. I still do. Hopefully we'll see something supportive next week from the management. Right now they are busy ramping up production for Tarana.
Nearly full price and nearly impossible to buy on line yet still 6 on 38. Who will blink first to 40p. I get why they doit but just let it go. I told you it was going to happen. Silly MMs.
I think that we are about to see further M&A on the realisation that virtualisation is a real thing OpenRAN or not. However M&A actually stifles OpenRAN. The concept needs as many free thinkers as it can get. For once it is about talent not money. Ethernity has plenty.
Level 2 is looking locked. Really just 4 MMs wanting to play now. Despite 4 at 5000 I don't think that they actually have much behind the headline. When they run dry it will be 40p in rapid order.
It has been a more mature response to exceptional news. The gamblers rush in and out, the long term interest stands back and waits for the dust to settle. Lots research at the weekend, that definitely happened here.