Nanoco Share Discussion Threads

[boris cobaka] 25/8/2017 08:59

Volume well up as expected and on course to be the best for some time.
Yesterday's big jump in volume clearly indicates some knew this rns was on it's way.
Nice to be in the know.

[trt] 25/8/2017 08:58

Worth grabbing a few more at this level !

[slipperysidewinder] 25/8/2017 08:58

One thing is for sure.ME will take his bonus regardless.

[slipperysidewinder] 25/8/2017 08:57

Cash call will have to come well in advance of technical insolvency. I would say they are preparing now for one in December. It would be foolish to go near the wire.

[slipperysidewinder] 25/8/2017 08:54

WW are you 20% down yet? With your msgic gravity defying shares.

[syd7777] 25/8/2017 08:51

Cash call looks off for at least the near term.The anticipated ramp up of production looks ontime as its expected by October.IFA next week,with hopefully products using Nanoco CFQD (Phillips).

[slipperysidewinder] 25/8/2017 08:46

I cannot believe you not never sold and re-entered at the fundraising. Total lunacy.

[slipperysidewinder] 25/8/2017 08:45

Where is white knight WigWam???

[slipperysidewinder] 25/8/2017 08:43

It is the fiduciary duty of the board to secure funding of the business, well in advance of technical insolvency. Indeed the groundwork for this has been going on for some time.

[mr.oz] 25/8/2017 08:42

zing , hyper
yes, I made it 2mill

[slipperysidewinder] 25/8/2017 08:41

The whole situation is farsicsl. ME'extravagance has well and truly come back to roost.

I take you all back to my first short posituon when ME frittered away a fortune on a totally needless full listing instead of converting promise into profit.

You all laugged st me when i predicted a further fundraisimg st 20p. Well you're not laughing now.

"I'm no5 a businessman, I'm a geek!" yeah right, a geek that knowd when to sell his stock in order to set up a new life for himself stateside.

Face it, you all look extremely stupid this morning.

[mrplay] 25/8/2017 08:40

AGM will be interesting. It will be a full house to be face to face with ME. One question what have you done in all these years in the states with Dow? That was the excuses for your move.

[hippo] 25/8/2017 08:36

So clearly going to run out of cash.......so comes down to how dilutive the terms of a fund raising will be.Not looking good, been a shambles for several years.Disappointing for those that kept the faith.

[bagpuss67] 25/8/2017 08:33

I guess £3-5m @ 20p

[slipperysidewinder] 25/8/2017 08:32

Bagpuss

And as did I who told you all.

[slipperysidewinder] 25/8/2017 08:31

How about another top-up at tge even lower price WigWam?

[bagpuss67] 25/8/2017 08:30

I would not be surprised to see mr griffiths buy some or all of his stake back for half the price in the fund raise. He knew I guess it would come to this point. As did Lombard who also banked quite a bit of cash at higher levels.

[bagpuss67] 25/8/2017 08:28

Boris. It is not usual practice to state your actual results in a trading update. Companies state that income is in line with expectations which is what nanoco have said.

[boris cobaka] 25/8/2017 08:27

Hyper - right that'll be it then....

FFS C'mon who are you trying to convince!

[boris cobaka] 25/8/2017 08:23

Zing that's assuming they've not slashed as much as they can cost-wise which certainly is something they spoke about in the rns

The market sniffs something smelly. When they can't mention income it's usually because it's abysmal. That and the comment about the slowness of the order pipeline is quite telling.

edit: techwise that's a new low intraday. The baby bull is officially dead.

[v11slr] 25/8/2017 08:23

Yes, I imagine that's what they want you to assume.