Member Info for FlyingHigher

I'm out, having assessed the level of risk in play here. This is a quick buck trade, but I'm too anxious to hold.

£7m to £10m revenue shortfall to breakeven? The company cash burn is tiny and they're losing about £2m per year.

I'm not sure stew, they may struggle to secure credit. It's here for good reason and may go bust.

I've set a sell order for 10p, but if you're more of a cautious investor, target 6p. I'm confident this will comfortably return to 6p and push on upto 10p.

Speculative perhaps, but imagine if this goes commercial with Elon. This is not a 3p share, especially with funding at 10p.

Buy now for goodness sake. I just have.

Nanoco needs consistent earnings before we can really have a sensible conversation about value

I think this whole exercise has shown the board's wisdom in their strategy to return capital to shareholders. I'm genuinely impressed and delighted it was taken up in full. Now where's the news to send this into orbit? We've been waiting 10 years.

I'd happily bet on the share price not going above 24p until news.

Wake me up when the tender ends. We can make a song out of this.

I actually think a share price below 55p is silly based on where the business is at, but simply wall street puts fair value at 79p. The point is don't worry if you got in at 14p and feel abandoned by traders taking their short-term profits.

The value is not 13p.

£23m cash

Runcorn at £10m

Then the organic business and IP portfolio (not currently valued at all).

Ahh yes but to be honest I expect the share price to drop back to 16-17p initially to reflect the same discount of the organic business.

Assets:

£23m cash

£10m roughly for the Runcorn site

200m shares would give a share price of 16.5p.

That's where I think this will land, then it's time to load up.

I'm also really pleased because it would appear those IIs who voted for this have also supported it. I thinks that's actually quite charitable. I pose a hypothetical scenario, that STM scale up substantially over the next year, revenue projections become possible. At that point the share price will be comprised of a combination of a revenue multiplier and assets. There will be a rocket under the share price in this instance. Alternatively, nothing get released and Nanoco languishes around 20p.

BOOM! This is excellent news! :D I'm astounded but really pleased. This is absolutely the best outcome.

Of course it begs the question why shareholders thought 24p was a good offer and perhaps that sets a ceiling at 24p for now, however if the organic business (currently valued at £0) proves value and of the IP, the upside on this share could be tremendous. Wait for the offer to complete, see where the share price lands, then buy buy buy in my view.

This will fly back up again! :D It's just a matter of when.

I want the tender offer to be successful, so I'm happy.

The share price was always likely to drop back at some point on the approach to 24p

I can't find Amati's buy in notification but I think it was higher than 50p. They'd been reducing for a while, but are out now. We haven't had any notifications in months. 8-9p is likely a historic bottom.

4 years of cash, plenty in the pipeline.

Traders will trade, causing the low liquidity to play a part in daily share price movements, but fundamentally even if you bought at 14p, this is still an obvious bargain. Simply wall street puts fair value at 79p.

Don't invest too much in a share with over 6bn shares in issue. What do you think is around the corner? a placing perhaps?

It's not ramping to point out that the return to 13p is simply a recovery to previous levels before it was recently massively oversold. The share price in no way reflects the value of the business and in fact, it's very vulnerable to a takeover bid at these ridiculous levels.

The issue is it may take time to fully prove the value, but if IIs buy in, who knows? For now we're somewhat governed by arbitrary sentiment and trading patterns, for which I've no interest.

I gather some play the trading game very well apparently, but it all just seems so baseless to me. I get that if you bought in at 8-9p, the profits at today's prices would have been very attractive though.