Really? I think it caught up and went past. Let's face it most people will have originally invested here because Nano had cadmium free QD. Now where is the USP? I see a big white elephant factory. Where are those deals Edelman promised by now? This is a hugely competitive industry
RE: should I sell
I'm thinking exactly the opposite IC. Lighting products, commissioning at Dow, £20m raised, Cash burn in interims reducing. As always DYOR as it's ultimately your money. gla.
should I sell
The price is dropping further and I'm thinking if just taking the hit and getting out. Any advice or thoughts please?
Re: worrying times
Thanks or the input Imchatlie but my take on it is precisely because the competition is playing catch up all the deals and negotiations with potential end users would be kept very close to the chest. Of course it is Dow that is leading the sales drive and they, like most US companies, never disclose sensitive information until everything is signed. I'm not worried that Nanoco will fail to deliver for investors, just fed up waiting like most of us.
Torpedo I don't agree, I find the slippage and lack of deal news perturbing. Surely if Nanoco had any concrete deals in the near term then they would have waited to announce then iinstead if coming out with a less than convincing update telling us that there has been a delay. All the time competition is playing catch up. I have been thinking of selling but I'm that heavily down onmy investment I am reluctant to take a loss. I am most dissapointed.
Expect this share to be pushed down into the 80's before anything happens. The shorters will get burned if the price rises much higher than it is currently. Without them I estimate the price would be 150 plus at this juncture, if ever there was a case for banning the practice this is surely it. I'm sure some casinophiles will disagree but we all want to prosper fairly. Only my opinion.
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