Member Info for Feeks

Lots. There was over £7.4m in the kitty at end of FY24.

Thanks spades.

But they still get the shares at 10p. Yes? Itrack will be generating royalty and so part of the company valuation until 2030 so we are talking about the Directors getting shares at 10p in a company then likey to be worth easily north of 200p. But that's still good for me.

Did they buy a packet of these for the canteen?

https://www.google.co.uk/url?sa=t&source=web&rct=j&opi=89978449&url=https://shopattheinn.co.uk/product/crawfords-pink-wafer-biscuits-100g/&ved=2ahUKEwjCha3ov62HAxUGQUEAHQ5pDlEQFnoECCwQAQ&usg=AOvVaw0FLWWlMEq4V7q4_W79CI8P

Yes, very decent, much as I had been expecting with good prospects for more of the same to come in 2025 and beyond. I am happily invested without too many worries with this business.

Is there anyone on this board with a good understanding of surface acoustic wave torque sensors?

Ps. I would suggest that anyone who is curious about Terror Wit's post about me ought to take a look at his low level antics on the Nanoco board. I made my purchase at 10p and went public on that when I did. I saw the SP rise to over 70p, when my investment case played out to near perfection, so yes, I was bitterly disappointed (as was the entire market) by the final "settlement" with Samsung. The parties reached a deal to end the trial. The end value to Nanoco was only a tiny fraction of the value of the infringement by Samsung which was worth more than $1bn in lost sales (Samsung sold $14bn of quantum dot enabled TV's using Nanoco tech in the US alone). I finally sold out at 28p on this news - and the fudge which preceded it - and as I said at the time, I could see no future of the business. That has played out exactly as I predicted it would. Terror Wit did the opposite and bought. The price is now 14-15p despite Nanoco's millions in cash.

Was I wrong? Go figure !!

I would be happy to invest when it gets over this hump, even if it means paying more. it is better in the long run, but confess it took me a few years to get to reach this point of view in my investing journey. It is very easy to believe / hope too much, and the fact is, odds are almost always against a happy outcome! That's just sensible advice for the masses, and I am glad you took it that way.

You could be right.

I have got burned a few times, most recently on SED (what was I thinking...?). But the reality Is that I was emotionally invested and I did choose to ignore too many signs of the impending doom.

Does anyone know if they are going for another award this year?

2024 Awards Categories:

- Best Plastic Product Development for Recyclability or Re-Use

- Best Innovation in Equipment or Technology

- Recycled Plastic Product of the Year

Https://www.ciel.org/wp-content/uploads/2022/12/Sowing-a-Plastic-Planet_1dec22.pdf

"I must say, I'm surprised by the current selling..." etc..

Karlvonwise, the reason is almost never "someone or an entity might be trying to create a dip to buy back at a more favorable rate with greater leverage". Invariably it will be because the wider market perceives a company needs cash, that current pipeline deals will not materialise soon enough and/or in sufficient quantity, and hence there is a risk of dilution. That's the correct assessment of current prospects, but if that's wrong there could be some fast gains. Experience tells me that investors will be caught on the wrong side of this as it plays out.

It's almost the reverse of the fateful Samsung litigation RNS because you were adamant it could only be construed one way, and the fact was, it was "open to interpretation". On the face of it, the latest RNS only admits of a delay which could be a short interruption to their plans, however I do not think past Board communications justify taking that rosy view of matters. Therefore, I think you are taking a large risk if you have not countenanced the likelihood of a very significant period of delay or cancellation.

Here is proof that you have a skewed perspective. It is your post and it is more than a little bit vindicative. After all this time you still fail to appreciate that the settlement 'collapse' meant the Board failed to extract fair value from Samsung's IP infringement based upon their OWN expectations and stated intentions:

"I would suggest that before anyone follows anything Feeks says that they look at his posts on NANO around two years ago up until the key period during January 2023 and the check how far out he was in his assertions of the quantum of legal damages they would win in a big case against Samsung.

I believe having got that wrong he then invested in another company that promptly went out of business completely.

Thankfully I knew better than to pay him any attention but others didn't and came to regret it."

It might be good advice which helps protect them. I see no reason for optimism in the latest RNS and it seems your self-interest has skewed your judgment. I would say back to you, don't encourage others to make the same mistake.

F***Wit was already taken

For a chuckle go have a look at the bilge TW is posting about me on the ZTF site. What an utter pillock. Get back to whittling furniture, Geppetto!

"It's all upside down and cowardly, especially when all that's happened is that a small, anticipated order has slipped beyond the end of the FY, which is less than a month away."

Ha ha. Roll on the massive orders in August.

One sometimes has traders talking down prospects for a cheaper entry on a bashed up share like this. Nanoco DOES have cash, but equally that's a reason why management won't feel inclined to spin out some bit of "non-news" - and the Board had better watch out if they do. As a former shareholder I can no longer conceive of an attractive entry price. There are going to be constant retraces unless and until some news of real progress is finally announced. My guess, it will not happen, and the SP will be sub-10p in a year or two from now. That's what happens when a business sells its IP and a rightful damages claim for about one-tenth of its true value.

I am not betting against STM / Nanoco / Yole. I am not investing and that way, I cannot lose my money.

As a PI I do not have any expectation of preferential treatment, which is not the same as the II and Board. It is STM's business to carry out R&D development on sensors, but not only limited to Nanoco's IP. So, these are different 'investment' or business perspectives and PI's are not fully aligned with those you mention.

I'd like to think SWIR sensors do have a big future but there will be plenty of time to profit on Nanoco stock if it ever begins to go that way.

You remember correctly. I recall using all the powers of humanity I could muster in trying to be charitable towards him. But because of his constant insulting attitude I no longer think Nige deserves that sort of credit. I am sure he is a capable man in other ways, but with investing and bulletin boards he is a danger unto himself.

"By investing across a broad range of business development opportunities, we aim to further reduce any dependency on a single customer and to deliver increases in shareholder value in the medium term."

.... for which I read:

"We do not have a viable business so we are going to use the money in the bank to spray paint the walls in shiny gold"