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"Honda is also following Gogoro into India, where the automaker set up a subsidiary company to help push electric bikes and rickshaws."

This could come in handy.....

https://www.theverge.com/2022/10/28/23428245/honda-power-pack-exchanger-e-mobility-battery-swap-station-competes-with-gogoro

I know very little about boats and yachting. What's your impreasson of the Saietta unit compared to the main competitor?

A smart move to switch. This stock has good visibiilty as to ahat they are doing and 3 different routes to market (in growing markets) so that makes it very investable.

You know that would make you a worse person Chique. Never lose your integrity. A lot of sensible institutional funds bought in the fundraise at 138p So you would think today's price is good enough to do well long term. It is for me and medium term this entry could be looking very cheap.

I don't look that far Chique, but it could certainly be doing very well in 2-3 years, nevermind in 5 years. I like the fact it is still very quiet here. That's a good sign. 2023 will be more about news but the market is so huge and fast moving I think there will be plenty of positives to support growing interest even if there is a period of waiting. I'd say now is the right time to be bold.

Price range for my purchases was 49.30 to 49.88p

26,084 was my only sale (@ 49.16).

I was buying into ISA instead

So I think you are spot on Chique, well deduced.

Chique - I bought a load today in a few chunky slices at around 48/49p price. I don't have access to the trade info what's the balance of it showing up as?

I am not going to enter the debate but I do firmly believe that HH is correct about this.

There may be bigger shareholders than I am who are similarly disgruntled and who will wish to do something about it. LOAM still have a lot. The company cannot simply just announce that it has beaten its own lowly expectations / guidance when it kept that private. All we had we announcements about achieving a multiple of the share price on a jury win or settlement, which was the only guide until that fateful 9/1/23 RNS. Never has a feeling of glorious victory evaporated quite so fast. I do not have any retained confidence in management so I have sold out completely - at a loss.

God luck of course to those who continue to hold.

Unambiguous this time.

To some it will be seen as a fair outcome, and to others an amazing result; but to me it is tinged with a large dollop of disappointment of what might have been.

This money will undoubtedly set up the company for future success and for anyone coming on board now it could be an excellent investment. It's a growth company with exciting IP which will have NO funding worries for the next several years.

For me though, my Nanoco journey feels nearly over. I am sure one or two others who like me hoped for something better will feel the same aay. But now I will have a good think about what to do. Lastly, apologies to anyone for following my lead during the roller coaster ride and who didn't exit before today.

Echo what HH says. A huge test:

"@Screenlearner: I hold a lot of Nanoco shares and I will use how this settlement was handled and what settlement amount as test case whether I can trust Nanoco management’s messaging.
We all remember that BT spoke about two major inflection points and which would be transformational in value - well this is the first one. If this does not fire up I honestly don’t think that one needs afterwards trust that the second one will be either. At the moment the jury is still out."

I agree with you HH. I suspect the majority of investors don't just want "some" money to bridge the gap to commercialisation of sensor IP. This deal needs to bolster investor confidence both in the current management and also its steadfastness in defence of its IP.

LordWM, I think the Runcorn trip will be a little too far to travel for the US contingent, but perhaps depending on how fat or thin the wallet feels after the RNS lands. Texas for the return trip?

buzzfludder I would agree with you if the RNS had been written differently, in unequivocal terms, but it wasn't. It keeps open all the various permutations

Don't forget folks, he had three homes not two before he started gambling on litigation outcomes. The Wisdom of Solomon.

Screenlearner, normally one would want a deal concluded before the weekend. I should think that was the notional deadline but time soon running out. Given US times are behind UK, we probably won't know the firm direction of events until Monday

buzzfludder - you just confirmed my bedrock argument - it is all a matter of interpretation. Twas always thus.

buzzfledder we have been over this.
"The gross settlement value should be expected to be towards the lower end of the range of expectations FOR A SUCCESSFUL JURY TRIAL OUTCOME as previously guided by the Company".
That excludes everything bar the US, but the ROW will be taken into consideration for any FINAL AGREEMENT. That potential settlement value is neither ruled in or out by the RNS. We have only what is "expected", or what you might call a minimum expectation. It is open for negotiation. Thousands of posts, and that's just it. You don't don't know, I don't know. No-one does. The fist RNS was much better and we surely would not be here now had it been suitably qualified as to the uncertainty of whether a deal will be concluded in the end

Stick to the substance of the debate Gigs. You are relentless in your endeavour to make this a personal bragging contest. You must have learned a few lessons going to court, however not so much to prevent you ending up there multiple times!

Correct idontmessabout. N has a financial backer which puts it on a level footing with S as far as conduct of the litigation process is concerned. N have funding and the funders are locked in too. The funders don't just get to walk off mid-litigation! The funding agreement will be binding as to certain roles and responsibilities . Yet another very bad point from the keyboard of Gigs