Member Info for FlyingHigher

Good day everyone. I'm really sorry this news has arrived, however inevitable it may or may not have been.

We need to sensibly assess our options here. Some of us have serious capital at stake even at a share price of 3.4p!

For the purpose of this post, I'm going to avoid any resentful points.

I won't take any opinions as advice of course, but I'm really struggling.

Key points:

1) The proposal is for the removal of shares from LSE ordinary trading to be replaced by a private share exchange facility.

2) This facility will be in operation for 12 months or more, however can also be cancelled by the company.

3) There's a risk that if the proposal is passed, the facility will be cancelled and shares rendered worthless.

4) Even if this is not the case, we have limited foresight to know how easy it will be to sell shares in the new facility.

5) It could be that shares will sit there with no ability to realise any value from them, thus rendering them worthless.

6) Of course it remains possible that something will happen with a takeover before the deadline, but why would a buyer do this? Why wouldn't they just wait? I consider this unlikely, but happy to hear other views.

7) The proposal could be rejected by shareholders. This probably better protects shareholder capital in the short-term, but longer term the writing is on the wall for the company.

Do we:

1) sell now, take whatever out and move on with our lives?

2) Wait for the vote and vote no? Terrorwit - Do you have confidence that you'll be able to realise any value from your shares by voting yes?

3) Consider it likely that the company will find a more favourable solution before the vote?

The market will do whatever now because this is casino territory. I've seen shares rocket on baseless speculations in similar scenarios only for the exit door to be shut anyway, and people who bought the hype lost money.

I really hope everyone is doing OK and can put investments and indeed money in general in perspective.

Go for a walk, reach out to good people to talk.

We're all still breathing, the weather is bright and there are other aspects of life to enjoy!

This is a historic opportunity.

The next update should send this flying!

There's nothing frustrating about investing in an exciting company and waiting for them to deliver. I have a good job and I've invested sensibly here. If this takes a year and multiplies, I'll be extremely happy. The problem with AIM is people expect to jump in just before take-off and they're constantly chasing the wind. This is why the vast majority of investors lose all their money. It's glorified gambling. This investment could be game changing. The recent acquisition moves us closer to that realisation.

The era of strategic execution has begun!

I don't think it will matter if you got in at 2.4,2.5,2.6 or 3.2p if the company hit their targets and move closer to that 40p target. I appreciate the coverage was paid research but it was based on sound projections. I don't expect continual updates this month or next. There will be commercial progress in time. Come back in a year's time and this could be at 40p.

That makes sense! I didn't know about the warrants.

I don't get why placing people are selling out at a loss.

I'm going to have a small topup soon. £5k is my limit on this stock because it could go badly wrong if they fail to deliver. If they deliver though, 30p is plausible certainly within a year or two. That's what I'm here for. I'm not interested in a few quid here or there. If this comes off, it will be massive. I'll be here to find out because I've put in what I can afford to lose.

Nothing is factored in the share price

There will be fat jabs for the AI robots too don't forget.

Part of the reason for the placing was the acquisition. The business has a clear path to profitability. In 2 years time it should be up at 30p+ IF targets are met.

I'm happy to sit and wait for the potential outcome.

If the company ramps up as expected, we're looking at 30p+ in the next year.

You can't count your chickens of course, we need the company to deliver.

This could be the one that people look back on and wish they'd be on board, like Amazon.

NHS contracts are being discussed.

The reason for the discount is the uncertainty, but the moment anything is delivered that gap will close.

The risk is in failure, like with any investment.

It's an investment I wouldn't put my house on, but if it comes off a small investment will be life changing.

I've got just under £5k in.

Volumes picking up

The optimo research coverage puts this at 41p+ within 2 years, which relies on the firm meeting targets.

Crucially, the business will not need additional cash.

This is AIM where nothing seems certain

The risk v reward is surely worth it.

I agree, this looks like a great investment. I've just taken a position. It's speculative of course, but the upside could be staggering.

Nanoco aren't going to sue them, so they have use of them

TerrorWit - My understanding is Nanoco infringed Shoei's sensing patents, so they already own the necessary patents themselves.

The agreement reached for display and sensing means neither side will sue the other one.

This could pave the way for Shoei to go all in on sensing applications, rendering Nanoco worthless.

Perhaps unlikely, but it's a risk and probably why the big money bailed out of Nanoco.

I think these figures are actually very conservative when you look at where the share price has been. The buy back was done at 24p.

Sentiment shot this share to bits and it could turn the other way in a sudden recovery, then with hint of a meaningful collaboration, take the share price to 40p+ like with Apple.

HOWEVER! The big elephant in the room is Nanoco have no IP exclusivity anymore. Shoei have use of their sensing patents. We don't think they're in this market, but if they are, it could render Nanoco worthless.

You have to wonder why nobody made a meaningful offer. That's probably the reason.

This could just be a dead cat bounce.

That's an almost bipolar assessment, but that's where we're at.

The problem is nothing is certain.

This could dip tomorrow. It couldn't hold 6p.

A reversal to sub 5p looks very likely

Nobody can predict the future, but I'd like to understand Nanoco's rationale and strategy.