Nanoco Takeover Rumours (NANO)

I can see this as a takeover target now, perhaps on the cheap.

I suppose a positive is they have left themselves completely open to a low ball takeover…they no longer have LOAM and RG to protect them as the very large majority of shares are now in pi hands. Pocket change to one of the major sensor or display companies to secure core IP to support their products and to possibly stymie competitors efforts.With the now increased shares in issue 206m ( see other rns yesterday) the market cap at last nights close is still over £30m with £20m cash left. Whilst the short term lack of commercial traction has hit the share price , the IP is still there , though the time value of some key patents is becoming a pressing factor, there could still be an opportunistic tilt. Maybe taking this company off market might be for the best…as a listed company it has been a drawn out series of disasters for shareholders and still has had only one tiny commercial order in over 20 years in it’s existence.

Company founded 2001 First minuscule commercial order 20232009A TECHNOLOGY company spun out of Manchester University has been bought in a reverse takeover deal which values the enlarged business at £38.6m. 2024 Current market cap £33mThey have raised far more than they have paid back since listing…and have issued many millions of free shares to directors. Is it a long term or short term lack of value creation and alignment i wonder…and how can you blame investors over the past 2 years for this complete lack of value creation? I’m sure some AH will have a go.

YasX,No call for you this morning then!For me, something has to be happening in the background- to let Samsung “off the hook” for so little, after “pumping” the stock with misleading paid for research, the “split runs”, comments like “inflection point, multiples of current share price, transformational” etc. There has been over a year for them to get the ducks in a row and go through all the scenarios so a path for “return of capital” could have been announced in a professional and timely manner.Takeover?MBO?Major customer announcement?I would love it to be the last one, but suspect one of the former, - beneficial to directos not PIs.

Why would there be a takeover bidWhat actual planet are you on paul