RE: 5 out of 517 May 2022 01:27
Thanks for your feedback, Morbox. Nanoco share price rose to 2 pounds shortly after the Dow agreement was announced. This was based on projected income from Dow building a plant in S. Korea to support Samsung and LG sales. Nanoco is on much safer ground today with likely triple damages from Samsung covering TV sales over 7 years and illegal transfer of Nanoco IP to multiple internal and external parties.
Excluding the lawsuit, Nanoco expects to be profitable in 2023 from Heatwave technology alone. Add to this strong likelihood of new contracts for both heatwave and CFQDs for medical, display, AR/VR, industrial, land and air vehicles, lighting, and more, I see no reason why it should not reach at least 2 pounds very soon and then far surpass that. I suggest that selling Nanoco shares anytime soon would be a mistake.