Ethernity Networks shares collapse a third as cash crisis forces management cuts

Ethernity Networks Ltd (AIM:ENET, OTCQB:ENETF), the AIM-listed semiconductor technology company, has seen its shares fall by a third, leaving it valued at less than £200,000, after revealing a cash preservation crisis that has forced its two senior managers onto part-time contracts. The stock has now lost 92% of its value over the past year.