Nanoco Share Discussion Threads

[bagpuss67] 21/6/2019 15:41

The stress testing and commissioning was a precursor to commercial sales which are not now going to happen

[bagpuss67] 21/6/2019 15:39

Sadly you are not correct

"In January 2019, the Group announced a major contract extension to its initial agreement with the US Customer, covering a range of stress testing and commissioning services of the Runcorn facility in the twelve month period to December 2019.

The US Customer has now informed Nanoco that the project will not continue beyond the current contract.. "

[paulpaolo] 21/6/2019 15:37

I believe that you have all misunderstood this morning’s RNS. It related only to the new research contract earlier this year with the American firm and not to their main contract to build a new factory for a different product which is not the research product, and to testing of the ability to make that product by the end of this year with a view to production from the new factory that the American firm has paid for, from next year. I always understood them as two different things. It is only the research on the new product which is not the thing that the factory has been built for that has gone awry. The RNS about the new research only added 5 pence whereas the RNS about the factory deal added 20 pence, so today’s fall looks grossly overdone

[bagpuss67] 21/6/2019 15:22

FD will be fine. The mess isn't his fault and he will probably be well rewarded for picking up the pieces. May even get a material stake in any take private.

[aladin1033] 21/6/2019 15:20

If anything buy moree givesway prices buying a £20 note for £10 easy bagge next week

[geraldus] 21/6/2019 15:18

The new FD bought his at 32p.Must regret ever setting eyes on the place.

[aladin1033] 21/6/2019 15:16

Anyone would think this is an oil duster lol keep calm ive bought more in profit and holding! Its friday people sell out next week is a diff story before this pattner it was 40p its not like they are the only ones they are having ongoing discussions share price is very oversold just chill will be 15p plus nrxt week

[j777j] 21/6/2019 15:09

How generous of IC,but where were they at 40p?


For a co that is not going bust anytime soon,down 80% seems rather excessive.

Mr Market clearly livid today.

[rumobejo] 21/6/2019 15:02

same as LEK the other day, mugs got locked by top info, hobo, ci$co and ramp gang, traders locked their profit before the weekend and kissed you goodbye mugs...

[cromw3ll] 21/6/2019 14:38

It stinks when Directors sell shares before bad news.

[supernumerary] 21/6/2019 14:19

david - I'd sooner see his nose pressed hard against the grindstone; 50% of his profits handed back to the company; and that money returned to him when nano made a profit from royalties. I'm not holding my breath though...

[bones698] 21/6/2019 14:18

Nice to see I called it right wouldn't break 10pneven though the traders were saying 13p etc . Most will disappear now they made 20% as usual and then the long termers will be left praying for miracles even though the share price tells the story that this is in big trouble

[davidw1] 21/6/2019 13:46

Do not disagree supernumerary. What he should be doing thoughis calling it a day and leaving the business.

[bagpuss67] 21/6/2019 13:32

IC now say sell at 7.8p

Peel Hunt withdrawn rating

[rumobejo] 21/6/2019 13:20

although current contract doesn't expire till year end, and with 6m cash they would toast if they waited to xmas to raise money, soon enough they will get a placing at the very very cheap to see them through post 2019, otherwise they gone...

[aladin1033] 21/6/2019 13:14

Next week easy 20p

[momentum1] 21/6/2019 13:07

Afternoon lull done, I'm here for the proper re rate next week

[bagpuss67] 21/6/2019 12:57

Maybe Hjs but in 15 years Nano have been unable or commercialise or licence any of its IP sucessfully

[hammopj] 21/6/2019 12:50

No recovery - nothing left!! See a suspension looming...

[hjs] 21/6/2019 12:49

it has Intellect property which could be of some value to someone!

[bagpuss67] 21/6/2019 12:24

Andycapped. And what does that mean?

It means another payment to ME

Although he surely must be binned now whatever

Tenner can easily oversee any wind down and asset sales

[bagpuss67] 21/6/2019 12:23

I'm afraid there is no turnaround plan as there is no business to turnaround. The company has no products and may not have any for a couple of years

There are costs which could be cut and thats about it.

This happened before and shareholders paid for it and kept the company going