Will the market ever work this one out?EZE just recorded in...

Will the market ever work this one out?

EZE just recorded in their prelim report that their net profit rose by 70% while their revenue increased by 233% after a placement to Matterhorn (the largest WTI holder – London based fund) at 14c.

Plus, EZE holds 18,200,000 shares of WTI currently trading at 21.75p on the AIM.

Then the share drops to 13c today giving an undiluted market cap of just over $9,000,000 which equates to less than their share holding in WTI.

While their real business, Ezestream, is going gangbusters, having just reached critical mass where they are cash positive:

Ezenet signs new contracts
15:41, Friday, 11 August 2006
Sydney - Friday - August 11: (RWE Australian Business News) -
Ezenet Ltd (ASX: EZE), through fully owned subsidiary Ezestream Pty Ltd,
has signed contracts to supply its Digital Movie & Internet Services and
Healthcare and Mining Entertainment and Information System to another
eight hotels, hospitals and mining camps, taking its total number of
installed rooms to 16,044.
The Ezestream systems, which will be progressively installed in
the coming months, include hardware and software for distribution and
late release digital movies in both free-to-guest and pay movie formats.
Ezestream's Broadband Internet System offers unique technology that
enables on-demand access to high-speed internet via laptop connect.
The Ezestream Mining Entertainment & Information System provides
mining companies with a cost efficient, site-specific system that offers
digital quality, late release movies and a dedicated company information
channel.