Member Info for FlyingHigher

I disagree. I think it's a very pragmatic RNS.

The company is making money, has £20m in the bank and opden to selling. Now we wait and see what value exists within Nanoco. It should be a substantial premium on the current share price.

Returning the share price to 100p! Get them in! :D

I'm being silly of course.

It's a ludicrous proposal.

The only thing that would ever return Nanoco's share price to 100p is hyperinflation like 1930s Germany.

Vote for Milkwood! Get Brexit done! Brexit means Brexit!

Back up to 15p I reckon

Mike described the holiday as a major inflection point in their relationship and hinted he and TerrorWit may even progress to the big S in the honeymoon suite.

Mike paid for TerrorWit to join him and they're in the honeymoon suite.

EE*

I think there's a mixed picture here.

Openreach is doing extremely well.

EU is doing extremely well.

Most of the rest of the business is a drag.

HOWEVER, BIG POINT! Openreach alone is worth about £2 per share here.

The share price is a complete joke.

Yh now it's mine is smaller than yours. I'm on 25k shares and will continue to accumulate.

This is getting taken over, but if I'm wrong it's still a great business and massively undervalued.

I think we may reflect on this dip in a short while and wish we'd bought more.

EVEN IF and it's a big IF, the company only has the core business, it's substantially under valued.

If all speculation leads to nothing, this is still too cheap on cash alone.

It should be 60p+.

I've convinced myself that today's update is a warm up to a takeover update.

ProfitJock - You can f*** off for two reasons:

1) Attempting to ramp your investments at the expense of others.

2) Attempting to profit from a viral outbreak.

Both morally reprehensible.

So go on, off you f***!

The buyback ended because they bought £3m of shares, which was all that was allocated. I've no idea why the share price is down.

I don't know why Nanoco didn't keep the money on the books, there may be reasons I'm not aware of. However, if they're going to return the cash, they did it in the best way to preserve value for shareholders. A dividend would have crashed the share price by the amount of cash lost from the business and a bit more.

The fact that the share price has fallen reflects the wider uncertainty and disappointment in the business, it's nothing to do with the buyback or capital return.

It's odd to me that they returned cash if they were unsure about the STM prospects. Perhaps they were let down 'unexpectedly.' It seems daft not to prepare for this though, given how many times partners have pulled away from Nanoco in the past.

The good news is there are now under 195m shares in total, so if value can be realised through a new deal or takeover, the share price should go up more.

It could even be that an MTA has not been agreed because a takeover is being considered. I know people will think I'm ramping, I'm not, something is happening here and all will be revealed in the near future.

Everything is good, but the partner isn't progressing anything commercially for now. Seems odd. If everything was good, it would obviously be a no brainer. The share price has perhaps fallen on the suspicion that perhaps all is not what it seems.

If there was a technical issue with testing, I'm sure they'd have to report it though.

All speculation and the company is stupidly undervalued. I just topped up.

I hadn't grasped that at all actually.

It's even worse than I had considered, but it will fail regardless.

This is not going to get any better.

There's only more escalation to come out there sadly.

I would steer clear of this one.

It's a bargain for a reason.

I topped up.

25,000 shares now.

Target price 32.5p.

I'm backing this investment to pay off an £8k loan.

The more I get at these levels, the lower my target price gets, so it can stay here for all I care.

I'll probably have over £8ks worth of shares at 12p eventually though haha.

Hopefully not!

Possible, but I think it's more likely they think there's money to be made at these levels and possibly enough discontent to exploit. Maybe they can convince enough people to pack it in and sell the company for a good profit for them.

I agree with TerrorWit - this won't work.

I would like to see some offers starting to come in for Nanoco.

I'm curious to see how much someone will pay.

£60m remains my prediction, but that's perhaps too optimistic.

Is this flexing to try and force a quick sale for a quick buck for Milkwood?

They're so new to the party that their interests certainly don't align with other shareholders.

They might be happy to sell the company for £40m hypothetically, and pat themselves on the back for the quick profit.

There is a serious point to be made here: The Tories! The Tories! The Tories! if you'll allow me to finish..... The Tories!