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I have to say it is one of those RNS’s that poses more questions than it answers. I would rather they suspend the market til the details could be published, or not have said anything. Still, there’s something for the bulls and the bears out there.

Stt1, we can see you grafting on the other forum mate, buzz off.

I’d try and close that short tomorrow if I were you!

As we know, some spirited selling (we presume LOAM) kept a lid on what could’ve been a wild day. I’m just wondering, do you think that they will continue to funnel shares into the open market? I’m surprised they haven’t sought another II as a buyer for their shares. I am pretty sure there will be institutional interest in the near future and so it’s not as if LOAM are out of options if continuing to get rid of their shares is the intention.

Haha always had max respect for you Feeks, along with everyone else on here. Looking forward to meeting everyone once the settlement deal is RNSd

Giga I thought it was your twin, Nigwitty that had litigated so often? ;)

I agree PJT I think the funders slice will have been ‘priced in’ to Tenner’s ‘fair value’ settlement. It’s also worth mentioning that I agree with a previous poster who suggested that any settlement is likely to be whatever range was outlined for a 20% cut for the funders. A bit of an own goal to get to trial day and settle really low and let the funders have such a chunk IMO.

Impressive holdings! I own north of 50k shares but it represents a lot of my worldly wealth. I’m 35 so have put in all I’ve amassed. Average jumped from 25p before to 35p now.

I agree Giga that to be cautious is the best approach. I think even against the most conservative estimates the current SP looks a bargain and anything better will obviously be a bonus

It seems odd you take your lead from a times article that was churned out pretty carelessly and offers no basis whatsoever for the figure, as opposed to what we’ve researched here and what the CEO has been telling us, but to each their own.

10 mil? Is that TR1 territory?

My reasoning is quite simple really. I don’t see a single stock out there that is going to offer the returns I think this share will offer within the next 30 days. I don’t usually trade, and have sat on some paper losses elsewhere for some time, I’ve never been tempted to do anything about that.
But sometimes in life, opportunities come along that are just too good to turn down. And that voice in my head went ‘if not now, when?’. Things like this don’t happen often (where the market gets it badly wrong) and only time will tell if it was the right call or rather silly. But for my own part, on Friday, it was almost automatic. And as I sold down my entire portfolio, I was just hoping the price didn’t suddenly shoot up as everyone saw sense.

He was quoting me, I’m the nutter that’s 100% Nano haha

The only way the current Mcap makes sense is if you assume that analysts are looking at your typical settlement vs a minnow/patent troll. In which case the market is suggesting and pricing in a settlement of 1-200million.
But the market seems to be entirely discounting the actual sales that have been amassed globally, and any future earnings from this tech, which will definitely be encompassed by the settlement, and also the fact that this is a growing market for Samsung, so earnings likely to scale.
I can only ascribe Friday’s action to be a combination of a big seller (loam), traders taking their 20-30pc and Nano being relatively obscure in the wider investing consciousness. But the facts as they stand, whichever way you cut them, do not support such a low price IMO.

Exactly peregrine. Combine that with what our CEO said: fair value for the lifetime of the patents. Long term holders had an edge in the chaos of yesterday because we remember what he said. Now if you trust tenner, and let’s face it he’s done nothing not to earn our trust (track record of underpricing and over delivering) then what would you do?
Yesterday was a hectic but exciting day. 1 stock sits in my portfolio now, solidified some pretty big and long standing losses too, but this is only heading one way in the next 30 days. I genuinely feel the market hasn’t got a clue, and I’ve put my money where my mouth is.

Morning all,
Now the dust has settled and the traders have moved on, I was wondering if we could discuss some of the following factors that sit behind the settlement. Of course just educated guesses at this stage but would be interested to know your thoughts.
1. We know the settlement is no fault, do you think that the agreement will also cover those that have been complicit eg Nanosys/Hansol etc? I’m guessing so else it does leave Samsung exposed via the back door if not.
2. What do you think of the concept that Samsung may have requested exclusivity of usage rights? And what sort of impact might that have on our licensing agreement going forward? To me, this seems logical as Samsung has opened up a sizeable market share of the high end market, and deemed to be a price worth paying…
3. In the event of a large settlement, making Nano cash rich in the short term, so we see a special divi in the offing for holders?
4. With our patents in essence validated, and our product at work in Samsungs TVs, do you think we will see growing interest in our products?
Thanks in advance and wishing all holders a great weekend.

It takes a lot to surprise me in terms of the markets but today’s price action certainly has.
It speaks of the absolute lack of real in depth knowledge the market has of what has happened e today. Traders dominate.
Worry not. I’ve thrown the kitchen sink at this today and I’m pretty sure the next RNS will be a lesson to many! I can confidently say that 50 odd pence post settlement is the best value Nanoco has ever been. Seriously. It’s absolutely mental!!!

not everyone is sitting here comfortably, what with the way the sp has played out today

Let me assure you every long term holder, like me I assume, has been sat with an unwipeable smirk on their face all day.

There’s been a whole load of guff from day traders. Fine let them do what they do.
But LTHs have an edge, they remember what Tenner said, and they have a pretty good idea about what sort of figures are involved. I’ve never been so relaxed. 100% of my portfolio now sits here and I am happy as Larry.

There’s not long to wait to see exactly what this settlement is worth, but my money is on everyone in under £1.50 being very very happy indeed.

To be fair a short with no settlement wouldn’t have been the worst shout. Likely to be some nerves and some selling. But with this news the shorters are getting burned big time.

Escala what are these figures based on? I don’t get it.

Even the most conservative settlement figure would place past sales ere between 3-500m then you have the issue of forward licencing which brings with it a potentially lucrative annual return, especially given Samsung’s pivot to Qdots. I personally see the figures much higher but for the sake of argument I’ve been conservative.
My guess is that LOAM are selling, this is a golden opportunity for them to perhaps save some portfolio performance in a general market environment that hasn’t been kind, regardless of whether they think this is fair value they are a fund and profit is profit.
I suppose it boils down to if you trust Tenner. Most LTHs do. I believe the settlement will be fair value and I’m as bullish as bulls get that the settlement will be, in its entirety, multiples of current Mcap.

Talk of reversing a settlement is just nuts deramping. It would have been signed off at all sorts of levels of both company, and also seen by the judge. It’s happening.