Member Info for FlyingHigher

That's so selective Gigawitt, what about the 5 year graph?
This is solid decline, not progress

I invested a tiny amount a little while back that is now in a loss. I don't care so much about that, I'm still in.
I'm just generally musing about the madness unfolding here. It's so mad.

Exactly Valueformoney! It's nice to hear somebody else has an ounce of common sense here.
All revenue prospects pale in comparison to the litigation prospects and that's why the whole thing stinks!

Gigawitt - Perhaps that's realistic at this stage, but it's an awful consolation given we were reasonably expecting $100m+ after all costs just a few weeks ago.
HarriM - The devil is in the detail provided by Edison, we don't know if anything will be left after the legal costs, but if there is anything that will extend the cash runway from the current 2025.
NGR - Nothing has been proven regarding sensing, it's still firmly in the Apple territory before the famous fateful day of 2019.

Sorry I meant I think Loam possibly pulled the plug on the lawsuit and pushed for a short-term resolution so they can move on or get out.

Yh won 47-0 then scored 48 own goals by the look of it

Frank Lampard?

Hawi - I agree that £50m would provide a lot of security not seen before here.
The sensing market remains uncertain and highly speculative, but it will be good if it transpires. It's just we've seen this all before.
As for display, I think it's highly unlikely other parties would enter the fray at this point because they'd have to license through Nanoco when Samsung got everything for a small settlement fee, whatever that will be, so they won't have any muscle.
PJT12 - I definitely think it's plausible that LOAM got frustrated and bailed on the long game. It seems the only logical explanation to me. Saying it saves the company money and provides clarity as BT said is absolute madness.
We had a financial backer and were well positioned for the trial.
It could easily have continued in the background while the so-called organic business flourishes as we hope more than expect it will.
What value will the market place on a business with say £50m in the bank and no clear revenue prospects? That becomes tricky, but it's certainly not an exciting prospect anymore.

What if Nanoco are the ones trying to save face here and they've given Samsung access to their display IP for peanuts because a huge flaw has been uncovered pre-trial? That also crossed my mind when I read the update.
Otherwise why would a company of sound management turn down the chance to gain hundreds of millions+?

How did you remain invested at a market cap of £139m+ for a loss-making organic business with one confirmed revenue stream and unclear prospects?

There are two types of post that annoy me:
Firstly attempts to portray the recent RNS as anything other than disappointing.
Secondly people claiming it was unrealistic to have expected something much better.
My posts counter these.

In my opinion, 35p will be tested then down to 20p if the deal is disappointing as it probably will be.

Freeeeee free fallin

Gigawitt, it wrecks display prospects because it safeguards Samsungs competitive advantage creating a massive barrier to entry.
Nanoco wouldn't be able to license their tech to anybody willing to compete, which is probably why display has failed thus far.

Hawi read my posts. My statement was based on model projections, how many times do I have to tell you this? Yet, you and others just childishly say "you said this, you were wrong." Grow up! My comments were based on fact-based evidence not some whim. Others were right on a whim.

Yes it does. It means Samsung have shafted us and got away with it. It also wrecks our prospects in the display sector, not that I had much optimism there anyway.

When will you people wake up and smell the coffee? We might not get a big payment and could possibly get nothing at all. How much clearer do Edison have to be before you'll understand it?

I only recall the loss of licensing model which until the point of the lawsuit announcement gave a $200m - $250m, probably more like $400m now and the enhanced revenues model which was a percentage of $14bn global sales, both potentially x3 for wilful infringement.
That's why estimates around $1bn were completely rational and people like me, regard the announcement as a capitulation.

Thanks for your input kind. I'm sure everyone was completely incapable of making their own minds up on the credibility of each poster and its good of you to provide such guidance. I'm being sarcastic of course

Hawi - what a pointless post.