Member Info for FlyingHigher

BT won't sell off openreach. That's madness.

Openreach and EE are keeping BT going and openreach is worth more than the current market cap alone.

A realistic share price for BT is around £4.

However, the reason for the large discount is the huge areas of costly redundant BT business like in Datacentres.

To counter that, the market has not factored in the huge asset portfolio BT has in commerical premises and copper cabling.

It's in the billions.

The long-term problem for BT, how long I don't know, is the move away from FTTP to something akin to Starlink.

This is more boring than watching the classified football results get read out on a Saturday afternoon.

Nanoco Group nil...... LG Electronics...... nil.

Look at how Logan Paul and KSI created a false economy for a questionable drink product, entirely based on hype.

Look at the crazy valuation of Tesla despite their questionable cars.

They have gimmicks galore, but the long-term stability of lithium batteries is disputed.

Besides this, they are way over any credible valuation calculation because people believe their shares are valuable.

TerrorWit - You've just made all the employees at Edison redundant.

I agree, I have to wonder if LG and Apple have been working together, and whether it's known that Apple will be next to be sued without a takeover.

That could make things interesting in the bidding process.

That's me getting carried away in my imagination.

There's definitely something tactical in play here in my opinion. Nanoco could pursuing LG as a warning to Apple. The CDX might be used as a way to speed things up. Nanoco might be trying to get Apple and LG in a bidding battle. I'm hopeful that there is more value than what's currently reflected in the share price. I tend to think the outcome will be disappointing just like before.

I'm hoping for $70m, which is around 28p, but that's baseless optimism.

In April, Nanoco announced they expected to receive initial bids in the summer. That gives them a wide window to deliver.

We have another 7 weeks.

I remain quietly confident there is more value than what is currently reflected in the share price.

The conversation about STM and the BoD is boring. It's overdone. I feel like I've got dementia, repeating the same things over and over again.

I feel like I've got dementia, repeating the same things over and over again.

I agree that the new leadership may have been concerned about the time to market, and opted for a sale.

That dawned on me initially. I also think this process could be a way to force LG's hand.

We know the IP is valid and we're almost certain they infringed, so buy us, pay up or endure a costly legal process.

Like others, I don't think the take home from this case will be much at all, but I'm hoping the amount incurred by LG will be enough to provoke them into an attractive offer.

I've emailed my mate Vlad to highlight this potential and I hope he gets back. He's open to ideas via email at: vladimir.putin@thekremlin.com.

Accounting IP valuation - £46m

Cash - £15m

Core business + runcorn assets + the LG lawsuit.

There are likely to be further lawsuits being drawn up too, so yes cash is depleting, but there is unknown hidden value here.

This isn't a pump and dump, this is merely a recovery to the previous trading range at the start of the year.

Falling beneath that was ludicrous because of cash and IP alone.

In fact, it's difficult to sensibly value Nanoco at anything less than £70m.

I can't say what any offers would be though because obviously buyers try to get a discount.

All jokes aside, Noel Edmonds is about to table an offer. You heard it here first.

Predicted RNS: "A consortium led by Michael Edelman has tabled a significant offer for Nanoco, representing a major inflection point for the company.

The details are being finalised, but Edelman commented that the amount will be at a 'significant premium' to the current share price".......

Share price shoots up..... Following morning RNS: "The total amount offered by 'the consortium' equates to 14p per share before options are considered. After factoring in the directors' options, we are pleased to confirm a formal offer of 12p per ordinary share, which the Board of Directors believes is excellent value for shareholders. The Board of Directors recommends accepting this offer and looks forward to updating shareholders in due course."

What price did you get in at?

Wrong forum! I thought this was on another share, sorry!

Things are going well, the CDX is progressing.

Next update in due course.

The government has designated BT as a strategic asset, so it cannot be sold. It's part of government broadband pledges.

Altice realised this eventually and left.

I'm also divided on this takeover. TalkTalk's customers have been in decline - 0.6m lost in the past year, and a good chunk of those to BT anyway.

The only justification for buying them would be if there's high risk of the remaining 3.2m going to AltNets and they see it as an easy way to gain 3.2m. This is unlikely because many people only have Openreach options.

I don't really see the point in this takeover.

It's buying a company with 3.2m customers, the majority of whom will end up on Openreach provided FTTP anyway.

Most forums have an attention seeker or troll though. TerrorWit is playing that role here.

TerrorWit - Nobody is obsessed with you. It's odd that you think that and that you deny making the comment, previously posted, where you also predicted a large settlement with on-going royalties.