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Today’s volumes are bananas! The last day this many trades went through was the day that dare not speak its name…

You could be right Daz but it’s speculation at the end of the day and let’s face it, appetite for speculation amongst Nano LTHs can easily round to nil, given the events of the past couple years.

As with bigger, more established companies, dollar values on agreements are not disclosed. It'll all be the figures come results. Glad to see the board learning from past misdeeds. I think this’ll be significant and the wording suggests as much.

I would still argue that a buy back really isn’t of much use to a long term holder unless the intention was to try and sell a chunk which, given the current sentiment, seems a fools errand, and would likely lead to heavy selling and loss of the gains that should’ve been enjoyed by suffering shareholders.

Nano as discussed before most LTH would be fine sitting on a paper loss and getting some cash back on their investment whilst things pan out. A divi is far more LTH friendly than a buy back.

Agreed it’s a pointless exercise buying shares now just for the divi unless you expect imminent news.

I also wish it for IT. He’s always been such a believer in the tech and I for one have found his enthusiasm infectious, even if he doesn’t suffer fools gladly!

Apple Vision Pro: $3,499 headset finally gets release date https://www.bbc.co.uk/news/technology-67922296

It isn’t so much me wanting an exit more so it giving me some liquidity whilst waiting for things to unfold without having to sell any shares.

As a LTH I’d much prefer the special divi rather than a buy back, and think this is the more LTH friendly option.

A buy back will be played and absorbed by traders. Buy backs can work well to supercharge a SP when there’s a lot of optimism anyway. That isn’t the case here and I worry that a buy back would not be reflected fairly in the SP given so many are perhaps looking for an exit as it is.

A divi gives you an instant cash injection and if the general trajectory and direction of travel is to be believed, the cratered SP will be temporary.

Just my thoughts.

Share buy back option is an absolute bog standard resolution that you’ll see in the majority of company resolutions. The company has explicitly stated this isn’t the route they will go down and a special divi makes much more sense.

This is a non debate.

Thank god for Nanonano. Without them this board would be back biting and the ubiquitous troublesome anecdotes/puns.

I do understand why it’s been flat today, more shocked that 2.5m shares have changed hands and the market can’t even decide up or down!

Sentiment will crush this share for some time yet, and throw a wet towel on good news.

But think back to what valuations Nanoco has achieved in the past for enterprise value alone. £1.75 a share 10 years ago with nothing but rumours to back it up.

Now with pipeline, commercialisation achieved and millions in the bank we trade at below cash?! Market’s a funny place sometimes! Patience needed as I don’t think this tank will turn round in a hurry. Agree with other posters I want to see some director skin in the game.

I’m fairly laid back about whether this goes bananas or not. I think things will line up in time and let’s face it, getting ahead of ourselves is simply rinsing and repeating of what happened with the litigation. From a purely technical standpoint, operating below cash with a commercial contract in hand and an RandD makes NO SENSE to me.

I’ve added a bit more today. Not that I’m suddenly a believer again, but that the technicals make it look really attractive proposition to me.

‘Don’t try to efface history and don’t put a cloak on all the big words that Tenner spouted’

But it is precisely that. History. You’re letting your heart rule your head when it’s abundantly clear this ship is turning around.

As I said with the last RNS, if it’s just a matter of time I’m happy to wait. This takes a lot of pressure off the concept of holding and let’s face it current valuation is absurd. Sentiment will turn, and quickly I feel.

Feeks I’ve always had a lot of respect for you and often we are aligned in our thinking. But your latest comment seems odd. This isn’t going to be an overnight job but clearly I can see an emerging narrative with Nano that’s quite exciting. Cash in the bank and joint ventures in the pipe. In a few years this could be going places. If it’s just a matter of time I’m happy to wait.

I fell foul of this stock reading tea leaves on RNSs such as this, so I will avoid making the same mistake twice by speculating here.

What is nice to see, though, is at least some news and a sense of things moving after a very lengthy period of radio silence.

What’s your assessment of it steak? Likely or not?

I disagree that the episode has been pointless. Disruptive? Absolutely. But with such value destruction taking place on the current board’s watch, something needed to happen.

In many ways I’m grateful to Hamoodi for applying some pressure and for not letting sleeping dogs lie with what was a disappointing settlement and the rather dismissive tone of the messaging that followed. We are fortunate that someone who could make a racket actually did.

The board have shown plenty of vim and vigour and urgency when it comes to defending their generously salaried posts and getting shareholders to vote against the resolutions. Now I want to see the the same proactiveness and energy invested into better communications with shareholders, more evidence of what the board are actually doing to drive growth and pursue market opportunities, updating the website for crying out loud.

This whole debacle has been far from pointless if it focuses a few minds and gets this board earning their crust.

FH I posted my thoughts at the appropriate juncture in mid July. From then, the discussion has not really moved on at all. In fact, it has markedly deteriorated. Every day, there are accusations of Hamoodi/current board moles trying to sway opinion. It’s laughable and it doesn’t do anyone any favours. I don’t quite know how my ‘opinions’ have any bearing on my tolerance for mind numbing repetition, that’s a strange inference to make, but so be it.

I have no issues with ideas being kicked about as long as it progresses discussion in some way. Can the same be said here? I’d argue quite the opposite, it’s becoming toxic here and so even though I’ve not posted here in some time and have played no part in these ‘debates’ I felt it necessary to try and make certain posters here realise we can all do better, and if there’s nothing to be said to move the debate along, perhaps it’s best to just not say anything at all.

That’s it from me for now. I’ll be back when all this blows over.