Member Info for FlyingHigher

Those pesky small profit takers.

Imagine selling a share clearly worth 30p+ for 12p......

This share is genuinely a ridiculous bargain.

On discounted cash valuation, it should be 70p+.

Many here, including myself, have been baffled for some time.

I actually originally bought in at 11p ages ago thinking it was an obvious quick buck. I've traded profit a few times to fund DIY, but have been growing my holding for sometime now. It's a joke, buy and hold for gold.

I'm not getting my hopes up again! :D

I predicted 30p by christmas, so I'll give up on predictions.

It seems obvious that the RUA share price is too cheap.

It seems sensible for a larger fish to buy them.

That's just two simple observations.

I will be amazed if this whole sale procedure isn't just another attempt to provoke an out of court settlement from the latest large-scale offender.

One theory I have always had is that someone involved in the Samsung/Apple (and possibly others') supply chain is the major culprit when it comes to breaching Nanoco patents. As a result, Nanoco realised their courtcase with Samsung was not as lucrative as first thought. They took a settlement, which was reasonable for the level of breach attributable to Samsung with the view to lining up a new legal battle soon after.

I'm not the only one to speculate on this point.

Who could it be? Who knows?

Even if the settlement is lower than Samsung's, we have substantially less shares in issue.

£50m at this point would really help us out. It would send the share price to a level where most of us could exit with a bit of profit and move on with our lives.

That is my prediction for 2025! £50m from the offending supplier in an out of court settlement.

Also, Nanoco shareholders buy a pirate ship and sink Michael Edelman's yacht.

Michael Edelman will be provided with a rubber dinghy in a transformational deal, which shareholders regard as a major inflection point for him.

Yh and in the meantime, we'll keep topping up!

Feeks - it wasn't a capitulation, it was a landmark success and inflection point. Listen to TerrorWit

RUA aren't losing money anymore. A £20m valuation is extremely conservative, contrary to ADVFN claims.

The takeover debate is interesting. We don't know why there hasn't been one yet, so it's pure speculation. What even simply wall street calculations show is the incredible value on offer. Fair value - 70p!

I topped up to 40,000 earlier. I'm so confident here, but no idea when this will pop. I'm so happy to pay under 11p though, so I'll keep doing that while everyone ignores the value here.

Top-up to 36,000 shares and another coming very soon! My holding is growing :D

This is probably finding a trading range. I think it will go up to 15p, back down to 13p and keep bouncing around like that.

Yes the vote isn't representative. I was a bit nervous when I saw the low level of engagement. It made me think Nanoco could be vulnerable to a takeover where a vote goes through because few shareholders vote.

Perhaps apathy is something to be wary of.

"I would like to thank shareholders again for voting. We see this support for our recommendations also as a sign of confidence in the Group's Board and strategy." Christopher Richards.

No it's like voting for al qaeda because ISIS are on your doorstep.

We know this is terrible, but the alternative was somehow even worse.

No it's the impact of suddenly selling millions of shares.

There's no issue.

The whole value debate is open, but anything below 15p is almost certainly undervalued, so a top-up opportunity for those who can be bothered at this point.

I rent a room out in my house and invest the lodger's rent money in RUA :D

Yh but one day this will go to market and people in the know will critique its tangible value. So whether a bunch of amateurs sat at home in their smelly pyjamas value the company correctly won't matter at that point. There is tangible value here, unlike other AIM companies, who are backed by sentiment alone.

Oh yh of course! That makes sense, goodbye to them. What an odd saga.

This is top-up territory.

8.77% down before an investor call. If that's not insider trading, I don't what is. Could be carnage here later.

I wonder what's coming..... I think the chemical company has left.

The share price is down because Mike and Brian have just arrived back to the UK on their Yachts and are expected to rejoin the company to top up their pensions.

Yh fair enough.

The vote is lost for them.

They should come back in 4 years if a buyer doesn't show up. They can pick Nanoco up for peanuts then.

It's probably not going to happen though.

The point is I would be wary about factoring in disposable cash into any valuation. If I remove it, accept the figure of £46m for the IP, assume no value anywhere else because that can't be proven, I get a share price of 23.6p. I think there's some value in the rest of the business and also their equipment, but for the worst case scenario, we're not even sure £46m is a realistic valuation. It's unclear.

I'm hoping for £70m but I'm beginning to think thats very optimistic.