Nanoco Share Discussion Threads

[tomboyb] 21/6/2019 11:22

Revenues 4.0mill and U.S customer cancellation -

Where does that leave the tech? -

Thats the problem although will be cash flow even -

[aladin1033] 21/6/2019 11:19

Repeat of mtfb 10p u having a laugh? Easy 13-15p today even if it ends 60% down thats 13p

[jayrh] 21/6/2019 11:16

20% think again 6.7p whooosh

[tomboyb] 21/6/2019 11:16

Aim is littered for option revisions and warrants -

Don't know anything about NANO but puntable at these levels? -

10p+ at some point -

[newtothisgame3] 21/6/2019 11:14

Always nice catching the bottom

[supernumerary] 21/6/2019 11:13

Sympathy for all holders, but ME has lots of form in this sort of thing, so it's no great surprise. I expect we'll see an RNS from him next week rebasing his current options, and issuing a few more to reflect the new reality ;¬)

[newtothisgame3] 21/6/2019 11:13

IN @6.7P NICE1

[bones698] 21/6/2019 11:13

Will fall into the close as day traders sell out and the rush accelerates to get out and bank 20% after the weekend press this will drop another 15% monday . As for long term investors it's pretty much game over now as they won't get a new deal anytime soon and run out of cash fast

[jayrh] 21/6/2019 11:13

Hows your short going bones ouch just ouch....

[tomboyb] 21/6/2019 11:10

big buys can only mean up at some point -

10p+ -

[pre] 21/6/2019 11:05

anyone seen PTAL? just checked out the latest RNS:-)

[bones698] 21/6/2019 11:04

Day traders usual peanuts as the risks are so high besides you usually lose in the end with one RNs you get caught with .

This has a good chance of going bust now imo . Who would put money into this now ?

Will fall again tomorrow as the press gets hold of it and point out the issues going forward .

[jayrh] 21/6/2019 11:01

More than I have you haven't a clue what I put in...

[bagpuss67] 21/6/2019 11:01

Fair play it's a different and in its own way risky to come in at this stage and bet on a bounce. But in 6 months time where will this company be.

Will shareholders give this team any more cash?

[jayrh] 21/6/2019 11:01

Bones you said 5p earlier? Watch and learn

[bones698] 21/6/2019 11:01

Made money elsewhere it was quicker than waiting for this to tank tbh . I made money first time round and more than you have .

[jayrh] 21/6/2019 10:59

I've made 25% so happy still got a little left in you've made absolutely nothing who's silly

[bagpuss67] 21/6/2019 10:58

They have a material salary and rent bill as well as having to incur other listing costs, profesional fees etc

If they aren't successful with finding an alternative use for the new facilitt soon it will have to be mothballed and the staff laid off that will incur more costs

The odds of them commercialising something different from the new facility any time soon have to be very low. Look at the lead time of this project.

So chances are they won't end the year with 6m it may be less

I ask again what revenue can anyone have confidencs the company will make in FY20?

It potentially won't be long before they don't have 6 months visibility on meeting their costs and possibly at thta stage the assets will need to be realised from administration or otherwise

That's the way it ended up for Meldex a very similar and sorry situation

[bones698] 21/6/2019 10:56

Jayrh don't have a position here now although I did short it prior to last fund raiser .this now looks really bad at end of year there is nothing good going to happen . No cash no sales and lots of costs .as for saying things like huge buy that just shows your clueless as trades will be delayed and hidden to confuse silly people like yourself.

I reckon your one of those day traders will be gone by end of the day . Let's see where it ends . 7.5p imo

[jayrh] 21/6/2019 10:56

Humongous buy. Did tell you watch for institutions

[jayrh] 21/6/2019 10:55

People buying again which way will it go you decide

[jayrh] 21/6/2019 10:53

Bones in your opinion close your short dont get to burnt. You could of had 25% instead you just watch...

[jayrh] 21/6/2019 10:51

Over a quarter of shares in allocation traded. Gl