Nanoco Share Discussion Threads

[slipperysidewinder] 05/10/2017 08:27

Bagpuss you just dont get it do you? The tech is an expensive technological white elephant and the board are proven liars.

They will just blow all the money and you will be in the same position raising money at 5p with 50% dilution not far down the line.

How long have you been investing? Have you not seen this before?

[volsung] 05/10/2017 08:27

Shares often go down to their placing price. Caveat emptor!

[bagpuss67] 05/10/2017 08:18

Slippy. One of the main reasons for the share price being so low was going concern uncertainty. This has for the time being been lifted. That is much more important that the 18p placing. IMHO. PS I wouldn't let ME and DB be in charge of spending this money

[riskblue] 05/10/2017 08:16

Maybe it will hold at dilution level, but doubt it.

[paulmurphy777] 05/10/2017 08:13

Will touch placing price in the near term but after that anyone's bet...

[syd7777] 05/10/2017 08:12

More buyers then sellers coming through,Holding mine.

[slipperysidewinder] 05/10/2017 08:10

The sad thing is there will probably be a few more deluded fools getting sucked in. Poor wretches.

[slipperysidewinder] 05/10/2017 08:10

The sad thing is there will probably be a few more deluded fools getting sucked in. Poor wretches.

[j777j] 05/10/2017 07:52

So Lombard Odier are actually massive buyers of the shares.Superg eat your xxx

[bagpuss67] 05/10/2017 07:47

Very positive.

[ghaon] 05/10/2017 07:42

Fully scaled back. Hmmm. Very positive.

[slipperysidewinder] 05/10/2017 07:39

Hmmmm

Not kong to wait.

[slipperysidewinder] 05/10/2017 07:39

Hmmmm

Not kong to wait.

[squiresquire] 05/10/2017 07:33

The Company has successfully placed 22,546,405 new Ordinary Shares at a price of 18 pence per share.

[bagpuss67] 05/10/2017 07:33

Remember it has already been sold down to 18p and bounced. It’s a very significant to now not be facing a fire sale of IP or take private or sownthing else worse than a fundraise at 18p

[gersemi] 05/10/2017 07:07

Placing at 18p - not good but gives them the cash they need

[ih_169538] 05/10/2017 03:23

wjs 81...maybe you could supply them that small loan you were talking about ;)

"I can't see why a cash call would be at all necessary - any potential cash deficit, if there is to be one, would be far more easily managed through a small loan which would be easily attainable with some evidence of a sales timeline which, by all accounts, seems to be forming."

[lauders] 05/10/2017 01:59

A fundraising is hardly surprising given the comments on here by some about cash running out I suppose. Shame it is at "a discount of approximately 35.7 per cent. to the closing mid-market price of 28 pence per share on 3 October 2017".

Also a shame that this was not more positive:

Current trading

The Directors confirm that, since the announcement made by the Company on 25 August 2017 regarding its full year performance for FY17 and its outlook for FY18, the business has continued to trade in line with the Board's expectations.

Something along the lines of "slightly ahead" or "better" at a minimum would have been much more convincing.

Sorry to say that I just read this all as more "jam tomorrow" as is indicated by words such as ...."as recognition of the immense potential of our technology.", and potentially expand (as demand dictates) its Runcorn manufacturing facility, and In particular, the Company has a strong R&D pipeline including CFQD film (a current product), CFQD colour filter (3 - 5 years to develop) and CFQLED (5+ years to develop). Beyond display products, the Company has opportunities in industries including lighting and life sciences. etc.., etc...

It is going to be a LONG wait here and there are far better opportunities that are delivering now. Pity I ever heard of NANO! Been disappointment after disappointment and thankfully I sold most over 100% higher than we are now AT A LOSS. All my fault and nobody else to blame. Good luck all but I am not holding my breath here.

[syd7777] 04/10/2017 23:53

Onething Graphine has become a winner as the atoms bonds 200 times stronger then steel.I don’t want to go into the workings of string theory but Nanoco in February took this opportunity to start RnD with Graphine as the government is willing to pay more grants with companies in the U.K. investing in innovation and science of the future.QDs has a maximum life of 5 years before a Hybrid OLED/QLED takes hold.The Kylux tie up would have certainly seen the likes of LG,Samsung,Apple looking over their shoulders.

[syd7777] 04/10/2017 23:33

Onething totally agree,ME should of gone down the ladder,but stayed on as an Executive in the US.The cadmium ban has come 2 years too late for DOW and Nanoco.A new CEO can’t bring in demand unless it’s there.ME has continuously mislead the share holders and by living on a yacht in Boston,without overseeing the day to day management of a company from abroad has not helped.I hope one of LOs condition is a new CEO based in the UK.

[onething] 04/10/2017 23:20

Correct me if I am wrong, but Graphene appears not to have become ubiquitous and an enormous cash generation machine. Yet. After so many years. Quantum dots, whether full of poisonous Cadmium or not, also seem to be struggling for take up. The no brainer so many have talked about appears to currently be quite a brainer. Not one yet to bet the farm on. If you have already bet the farm there is still time maybe to unbet and possibly retain ownership of a few cowsheds.

[onething] 04/10/2017 23:11

Strange to know this company is not on AIM when all the characteristics would suggest otherwise. I thought there were quite stringent rules for qualifying to list on the main market. I'm surprised revenue is not one of the most basic. It is truly shocking to look back at the share dealings of Michael Edelman. How is he still in place?

[ghaon] 04/10/2017 22:59

I think slippy conveniently forgets that any business will have inherent risks, Nanoco especially so as it seeks to establish a presence in an emerging market. Do I think Nanoco is out of the woods, of course not. However, I'm prepared to accept a higher level of risk because of the potential rewards. The risk of Nanoco not surviving has reduced substantially as a result of the fundraising. Will the market for CFQDs substantially grow over the next couple of years? I certainly think so and believe Nanoco is well placed to capture a large part of this market with the heavyweight backing of both Dow and Merck.

[nowenterprise] 04/10/2017 22:42

Syd, did you have to go and invoke slippy... I know you just want to try and buy in lower, but really ... sheeesh ;)