Nanoco Share Discussion Threads

[kooba] 11/3/2024 07:52

I agree that the tender will be met in full…many though might wish to reinvest in the company in its more organic concentrated form depending on price adjustment…others may not.

[barkbooo] 11/3/2024 07:50

I tell you what I would like to see:




The fraud squad!

[greedfear] 11/3/2024 07:48

Everybody wants the 24p. Zero chance special dividend.

[lauders] 11/3/2024 07:45

If the tender offer is not so popular there is an option of a special dividend though. That may well develop, should people not be so eager to take some money off the table via the tender. The share price should react positively today, one would think.

[kooba] 11/3/2024 07:35

Even called the level correctly !
Disappointing they have decided to hang onto more cash than they pledged and on balance the cash position seems to be some £4m less than expected…though the “fab” could have sucked in a few million.

For ref the ex entitlement ( to participate ) works a bit like this

So £30m goes out to buy back 38.5% of the equity at 24p.

That is approx 125m shares out of 324m outstanding.

The cash on balance sheet will be £26m ( £3m on side for share buyback)

So there will be 200m shares left with £26m cash. 13p per share.

So if there is the same enterprise value attached the shares have approx 5p less cash backing post tender and will likely adjust accordingly in my opinion unless there is some significant news in the meantime…which i doubt.

[barkbooo] 11/3/2024 07:30

BT never speaks the truth - looks like his spin team are about to turn up on here?

[shapes] 11/3/2024 07:29

Well i hope the latest bit of news makes you all happy. I'm still digesting it. A tender offer and buy back. I think.

[bookbroker] 11/3/2024 07:27

Far more suitable, gives the company flexibility, a dividend just halves the value of the company, shareholders who have been here for a while would rather retain some value.

[barkbooo] 11/3/2024 07:24

More lies..more deception - called it!

[greedfear] 11/3/2024 07:19

Hate it. Clowns.

[nigelpm] 11/3/2024 07:15

As I noted previously a tender offer and buy back and so it is.

[davemac3] 11/3/2024 07:09

Don’t like that, where’s the divi

[zeus19] 11/3/2024 07:04

24p tender offer LOL

[terrorwit] 10/3/2024 10:45

Four posts in a row talking mostly to yourself looking for obscure and tenuous reasons to undermine your own investment (you say you're invested). Same, all day, every day.

Kooba. You're a messed up individual.

[kooba] 10/3/2024 09:58

Though with LOAM having a board seat and completely separately RG is buying aggressively one could hope that some good news is indeed on the way !!

[kooba] 10/3/2024 09:46

Surprise Surprise….

Lombard Odier 1798 Volantis has a beneficial interest in 141,593,743 ordinary shares of IQE, representing 14.73% of IQE's issued share capital.

And last year LOAM got a guy on the board…..same games different listed company!

[kooba] 10/3/2024 09:06

Perhaps you haven’t got a clue what you are talking about!!

[terrorwit] 10/3/2024 08:35

Given all the toxic attitudes you share it beats me why you're all invested.

Perhaps you aren't invested. Perhaps you all lost your money long ago and now spend your days trolling people who've still got theirs. Very sad little old men indeed.

[paul planet earth1] 10/3/2024 08:29

Like all CEO's their benchmark for success should be growing both the business and creating shareholder value.

In nearly 5 years, Brian has achieved zero commercial deals and the share price is more less the same as when he first started...and yet for managing a tiny business with a handful of employees he gets paid £325k a year plus bonuses and Liam gets £140k for delivering what exactly?

[bones699] 10/3/2024 07:59

......come to think of it Terrorwit does sound like NigWit!....lol!

[kooba] 10/3/2024 06:28

Another factual error niggy..can you get anything right??

“… he has recently recruited two high caliber NEDs, which supports his announcements that the business has passed inflexion.”

It is not BT’s gift to appoint or be a decision maker in the recruitment of NED’s far from it. It is the job of the existing NED’s on the Nomination Committee and the Company would have had engaged external consultants to attract independent talent.

The Nominations Committee comprises Christopher Richards, who is Chairman of the Committee, Alison Fielding and Chris Batterham. Nb they were criticised for lack of independent directors by the proxy companies last year..so getting in new NED’s was a stated priority.
I am in no way knocking the credibility of the appointments who appear very strong and are clearly independent and hope they will do their roles in holding the executives to account as well as supporting the delivery of the company's strategic aims diligently.