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What an incredibly stupid conversation on this forum. So sad.
Potentially you have to wait 3 years for the heart valve project to reach full potential.
However, the funding for the project hasn't been agreed and the BoD are saying it won't be dilution.
So go figure.
Next news will be funding related:
1) A placing to fund the rest of the business for the foreseeable
2) A JV agreement of some kind.
3) A takeover.
Probably 1 & 2 or 3.
You've been spiked for now, but look at the share price graph and coverage for this share.
It was considered cheap at 160p with lesser certainty.
It's a ridiculous share price. I don't have cash but if I did I'd put it in here!
Does anyone have any thoughts on what third-party funding options could look like?
The RNS mentions the BoD are not looking to fund the vascular project themselves, so in my view:
1) A takeover seems likely because of the ludicrously depressed shareprice.
2) RUA become an IP partner, a third-party progresses the project and pay RUA royalties for the duration.
3) I keep dilution as a risk anyway just to be open-minded.
The second option may sound disappointing, however the reality is the company does not have the clout to fully progress the massive opportunities itself. We have to accept that any deal will likely result in a lesser return because RUA's negotiating hand is so weak. Even so, a royalty agreement will provide millions for years to come and massively boost the share price from this low point.
Just flagging my post yesterday.
The logical thing here would be a takeover.
The potential value of the business is comfortably over 500p and the staggering discount makes a lesser bid possible.
A lesser bid would likely be at a substantial premium to today's share price.
We can speculate on that, but the clear reference point we have is the decline from 160p on news of 510k approval delays.
Strong buy - Target 160p
High Risk: Additional funding, however even with additional funding there is plenty of value. It will just put a dampener on expectations as high as 542p.
I think a takeover could come in at at way over £1 per share, but this is probably a silly thing to say.
Obvious point here. A takeover is surely likely or even inevitable at this point.
A company worth £5m wants to form a partnership with a third-party for a £6m project.
A big fish could come in now, but what price will they pay given the potential?
You don't usually see staggering premiums to the share price being offered, but given the discount on the current share price, I think this could be an exception.
We don't really need numbers for now. The company is losing hardly anything, with loads of cash in the bank.
The numbers would provide a short-term boost to the share price maybe, but we're not there yet.
We've been somewhere close to here before, where we've felt on the cusp of large-scale commercialization, but this feels very different. This actually sounds like it has substance.
The timescales are boring and I wouldn't blame people for running out of patience, but in 3 years time this could actually be a decent volume producer making tens of millions. That would make today's valuation look way too cheap.
It's all still way too unclear though.
If you want a very dull investment that might make multiples, but will take a long time to get there, this is a buy.
The risk is the Asian customer terminates the agreement and Nanoco are left with no clear prospects at all, but their cash and assets cover the share price. Sentiment may decide otherwise though.
This is far from exciting. It's really dull.
Small-scale orders won't make any difference. We've seen them so many times before over the past 10 years.
Well there we are! Panic over, no impending doom after all.
What is actually happening in the business is anybody's guess, but it bodes well that LOAM are topping up.
I sold at 160p. One of the few trades I've ever done where I've called it right.
I still believe we could see those prices again in time.
For now, the funding issue remains a deterrent.
"Is this liftoff?" That's what my ex used to ask before being disappointed
TwoGood2Die, that's precisely what I'm hinting at! The BIG warning we all had back in 2019.
Fantastic results, the BT market cap is a joke.
The results were much better than I was expecting.
Sensible valuations for BT put the share price at 500p+
That cheeky bid was placed at 150p, 118p is an absolute no brainer stonking buy.
Put everything you have in here in I say!
I predict an RNS in the near future to say STM have finished their program with Nanoco and there will be no further collaboration between the two companies. The share price falls to 6p.
I don't buy this theory about a matching buyer and spinning it as good news.
When companies have a shocking announcement you often see massive sell trades in the lead up to it.
It seems more likely that's the case here.
You have been warned by somebody who has been bitten badly before.
From 15.5 to 12.25p in no time at all and money is still required.
Who knows how low this will go?
I have been burnt badly back in 2019 when I had all my eggs in one basket in Nanoco and Apple 'unexpectedly' pulled out. I lost £23,000 in an instant.
I realised I had a gambling problem masquerading as an investment 'strategy.'
I get frustrated seeing people lured into a similar mindset.
If you held after yesterday and lost your money today, you're an absolute clown to be blunt about this.
Obviously nobody knew the state of the company before yesterday, but that RNS was saying "take a little bit of money if you can get it before it goes bust." Whatever your losses were at that point was irrelevant, even if you could have got £5 for a Friday evening pint, it was obvious you should have.
Yet, absolute clowns on here shouted everyone down and you lost everything.
So incredibly stupid and if you were on here encouraging people yesterday, you should reflect on that and resolve to do better.
In particular, the clown who replied to me saying why didn't I see it before yesterday.... Irrelevant, lots of people didn't, but to hold yesterday..... Madness
A 28% spread is due to the obvious fact that there are way too many shares available because nobody wants them because the company is due to go bust.
No corruption.
No driving the price down.
Just a rational market response to the perilous position of this company.
Don't buy these shares for goodness sake.
I get so fed up of this nonsense.
Every company that's ever on the brink of going bust has loads of punters living in fantasy land about how it's all going to be OK afterall.
I saw this on McColl's and so many others in recent times.
Get out with what you can before its too late and take it from me, if you're topping up now you have a gambling problem.
You'll have more fun at a Casino.
Be sensible.
Really positive, but against the backdrop of so much economic uncertainty! Let's see what happens.