Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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Apologies, bad meaning badly timed. Correct info was insightful but not what people was expecting on the back of a 40% rise. The lack of confidence it’s created hasn’t helped. If they would have just informed the market we no no reason then as annoying as it would have been peoples confidence wouldn’t have been shattered as much. They advised they where working on potential renegotiations on contracts , that’s a matter o days / weeks to do and they could of held of most of what they said until then.I agree after rereading it a few times now it does give a good insight on what lies ahead. Wether they can deliver is a different question , until then I remain on the fence however slight more confident in what may lie ahead
JoJo you don't need money in the bank to do acquisitions, they can acquired with NNN shares or part cash part shares. If its a really good fit raising more money is not a problem.
Widglide.
I agree with most of the points you have made, although I do not believe that the RNS was that bad. There was too much content, and insufficient detail presented. At this point (three months into his tenure as CEO), investors need to see a detailed strategy prioritising where he intends to take the company in the short term.
What he supplied did not amount to a strategy, and with all that unsubstantiated detail, he needs to be careful that he doesn't over promise and under deliver. Dr. Cave did just that earlier this year, and it is apparent on this bulletin board and elsewhere that Nanosynth investors are disenchanted with his insincere comments.
Regards and good wishes.
The RNS was dreadful absolutely, however I believe the RNS was a response to the 40% rise. They had to send an RNS to justify the rise ( pump and dump ) they have had a lot of interest of late from the FCA and over the last year. I know I as enquired myself not long back. For them to sit back and say nothing would indicate possible wrong doings. I believe the statement they should have said was “we know no reason” instead they tried to put a positive spin on it and it backfired. Mark has been quite for so long I don’t believe the RNS sent justified the reason he has been so quite.
Sorry Sharkie, the bigger boat has been totally missed. While it is admirable of you to try and drum up interest (will we get a RNS before Christmas? Who will we acquire?), it is clear that there will not be a RNS. You got your RNS last week. If there was any hope of a positive RNS anytime soon they would not have released the dreadful RNS last week.
As for acquisitions, is there really enough in the bank to fund an acquisition of anything significant, plus pay for staff, marketing campaigns etc etc? So, my question to you - how would an acquisition be funded?
IMHO DYOR
Sharkie.
There is no way of telling. Logically, we should be receiving an update on masks firstof all, although my guess is as good as yours or anyone else's. I agree with poorinvestor, that given the number of avenues opened up by Mr. Duffin in his outlined future plans, there should be multiple RNS comments in the pipeline.
On the subject of masks, ExMS has returned with a link to a 30p, 3-ply, high-quality masks, which eradicate 99.9% of all BACTERIA. These are apparently mass produced (1.5m per day), but NOT of the same specification as Nanosynth's VIRUS killing product.
I was wrong about ExMS. He interacted sensibly a week ago, but is now back on the warpath stating that i am delusional (together with others on this board, although you have been left out of his ranting). You were right all along. He is looking for a response. I have no time to waste on this nonsense, and have consigned him to my green rectangle zone (as you originally suggested).
Regards and good wishes.
Of course there could be other things they might RNS as well..The tantalising mention of possible acquisitions has my interest peaked.
@Sharkie Could be any time. They told us it wold take several months but that was several months ago.
In my mind it depends on their supply of nano-particles. If they have managed to stockpile enough or if they need to wait for Dr C's new production line. But that is my guesswork rather than hard fact. I know nothing! :)
You are really going for it today UG.
One last big de-ramping push before they tell us about the filters?
When comparing masks that some people tell you are equivalent..
First check does it actually kill the virus? Has it been certified to do so.