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TGTD, I couldn't fool you.. You've spotted that I have been a member since 2020 and yet I have only this week started posting. That just can't be possible can it?...
I think you might find there are more people who watch this board than those who post messages. And I think a lot of (not all) people who post messages are more likely to be those who trade this share and hope to talk it up or down. Whereas a lot of us LTH's sit in the shadows and lurk, patiently willing Nanoco to be successful - so that our longer term investment pays off.
Identical genes I would say judging by its background!
Member Info for Xen0n
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Just more inert gas then !
Your view must be also that you're not sure whether LOAMS action would influence the share price one way or another.
More uncertainty from Tweedledum and Tweedledee - as if it were necessary.
NGR, my view on LOAM sounds similar to yours so I'm sure some people will think I'm your twin or doppelganger. Apologies in advance for that!..
Amer, why would the tender at 24p not have been oversubscribed when so many people plan to buy back in at 16-17p?.. (Cough)
And would it be such a bad thing if LO were to reduce their holding of 13.4%? The company now has money in the bank so why would we want it to be beholden to them going forward? Some people seem to think the SP will still be blown massively by their wind..
Amerloque I’m not sure a large or small LOAM sell would influence the share price one way or another
I feel that potential upside merits the risk. I am comforted by the fact that Motley Fool (very smart people) have raised their evaluation of Nanoco.
Despite what is said on this blog, I believe that Nanoco management are neither dishonest or dumb. I cannot conceive that they would have executed the buyback without expecting substantial orders this year. If and when this happens, we will see an upsurge in share price.
The fact that the share tender was oversubscribed is puzziling, but may indicate that LOAM lacks inside information. On the other hand, a large LOAM sale would probably cause the share price to drop, enabling them to buy back shares at a lower price.
I stand corrected If Nanoco fails to receive the anticipated orders this year. I would also lose much of my investment.
Suggest you grab on to your guide(s) - don't suppose you'd want them removed !
Removing his post is sure gonna make my reply look a bit weird out of context..
Yes it was removed. Clearly someone is not a *** man
Who's Pete or PP for that matter ?
I assume PiratePete but can't see his message - has it been removed ?
Pete I don't even agree with XeNon so wtf you going on about?
PP, ego sum qui sum. I will only rely on my own balls and butt cheeks to guide me through this life.
BC, I agree. I thought about using this opportunity to buy in if the SP drops, then my butt cheeks started flapping and I just bought my tendered shares back for a slightly lower sum. So I have the same number of shares today, owning a greater % of the company and received some free money. Time will tell whether I should have listened to my balls or my butt cheeks.
The company has property lease liabilities of over £100k per month…no £10m factory asset I’m afraid. Think this came up before.
They have property plant and equipment assets of £1.3m last interims but that might go up with latest capital expenditure they have mentioned.
Flying high
A reference to 13p is the cash per share following the fully subscribed tender ..if you are quoting me. I made it very clear. Runcorn is a rented property i understand..but they do have plant and equipment worth a few M true.
The balance of the assets are the same as pre the distribution when they were valued at nothing ..so they are now valued at something at current levels.
With auto trades you may find Loam selling into the buy back. We will have to wait and see.
I think regardless of what it does in the near term, those holders who are playing traders thinking some free shares might come their way are taking a pretty big risk if you ask me.
Kooba, it is not possible to be more than 21m. It is highly improbable to be anywhere near that (the price would have to drop a lot today). Technically (pedantically) I am right...
It rather depends on whether the sellers would wanted 24p and didn’t get everything sold decide to take down for the balance i guess.
The value is not 13p.
£23m cash
Runcorn at £10m
Then the organic business and IP portfolio (not currently valued at all).
That £3m on market cash buffer to prop up the share price post buy back won't last long!
Well xenon how could they have bought up to 21m shares today with the share price where it is? It’s clearly not possible…so not correct.
TG2D im unclear what date they need to disclose…i doubt it is at the payment date..the shares will have been sold tomorrow..that is the transaction date and notifications should follow within days of that i would expect…the settlement date when you get the money is not the reference point.