Member Info for FlyingHigher

I posted yesterday "Still no mention of the other lawsuit being prepared behind the scenes. Tick tock!"

Here we have it! I'm not going to entertain settlement predictions, but hope that the board will get enough to buy a round of sandwiches from their local Tesco Express.

There's not really the right range to trade this stock very effectively compared with others on the market. You may get 10.6p - 11p, then sell for just over 13p, but that can take months. At this point the company needs clear direction. What is the goal here? Are they ever going to seek a takeover or just carry on making small amounts of money with small opportunities?

Cash is worth 6p.

Is there £4m of value in the rest of the business? Probably fair with EBIT at £0.3m

It's not obviously cheap though.

Maybe the market worked this out quicker than I did.

The value projections from many including me, were based on contract prospects mainly in vascular.

These have now come to nothing for now.

There is still the ABISS question of whether this was ABISS' main customer setting RUA up for a takeover.

That theory remains, but is a speculative one that has rumbled on for some time.

As for share price trajectory, this is probably the one thing that could send it up.

If value is recognized, a takeover will likely be at some premium to the share price.

Otherwise, the share price will probably remain in the very slow, boring range it has sat in for many months.

The share price is no indication of true value. People say the market is always right, they're wrong. Look at Tesla.

The Musk soap opera has just hit sentiment and the share price, pumped up on hot air, tumbled.

In truth, the share price vastly overvalued Tesla, it always has.

Electric cars are not scalable. They are an obvious regression from petrol cars, much less efficient, and possibly even worse for the environment when you consider how they are produced and the problems with lithium disposal.

Yet, people invested on the belief that we'd all be driving Teslas.

That's the stupidity of markets and an example to illustrate why the Nanoco share price is not reflective of true value.

There seems to be a very good business here if you watched the presentation. I would be very surprised if this was sold for less than 30p. This is an absolute no brainer at these levels in my opinion.

Still no mention of the other lawsuit being prepared behind the scenes. Tick tock!

Vascular is confirmed dead.

That was the massive money spinner.

This is now a really boring well run low profit business. There's not a lot to get excited about.

The Group is no longer actively pursuing funding/partners to take the range of vascular grafts through the remaining regulatory pathway. Several opportunities have, however, presented for the supply of the graft product or technology developed as components for other devices. These opportunities will be exploited through the Contract Manufacture business

"the market and potential bidders do not seem so convinced"

This is not known.

$70m is based on the supposed offer of Samsung and of course the QDVision takeover.

I know the main question is what value investors see in the IP of Nanoco, so it's not really that indicative, but it's the best we have.

Also, there is almost certainly further litigation to be launched.

There is likely to be tens of millions in that and it will be quicker than Samsung.

That's not true Kooba. There are apparently interested parties and an offer could be made in the summer. That's all we know. The amount is of great interest to me. $70m still seems likely to me.

16p would be a terrible outcome! It's not very realistic either. There's more value than that even by the most ludicrously pessimistic assessments. The BoD wouldn't accept 16p.

This is a really positive update.

· Making progress on strategic options with CDX Advisors LLC ("CDX") - contact made with a broad range of potential investors across relevant industries globally, with several actively engaged

· Expect to receive initial proposals from potential bidders during the summer. The Board will provide an update as appropriate in due course.

This is a stonking buy at these levels.

This will fly from here in the coming months.

It's not good for long-term holders, but for a trade it's a no brainer.

The update would be that Phillips and Nanoco are negotiating an out of court settlement that may include Phillips submitting an offer for the entire share capital, but they can't say this.

If you hold through the next results you have balls of steel.

The optimists here are banking on a hyped recovery in the interim, but nobody has any confidence in the prospects of PANR.

Be very careful, there's no way I'd hold for the next drill.

It will get absolutely battered on more water.

The opposite is true too of course.

The problem here is nothing has been derisked. So many 'exciting' prospects for other companies have led to nothing and they folded. The same is likely to happen here. It's a pure gamble.

Oil is on the up, but what about water?

Buxton have reached out to PANR for a potential JV after today's discovery of mineral water.

On a serious note, sorry for anyone who has lost today.

I have lost on these in the past and avoid them now.

They are a casino gamble and the casino gives beer tokens, so that's a better choice.

Potentially a very good buy after the raise, but then sentiment will have been smashed too. Sentiment is a big part of AIM investments.

THE RAISE PRICE IS NEVER A PREMIUM TO THE MARKET PRICE ON AIM!!!!

YOU PEOPLE ARE SMOKING WHACKY BACKY!!!

THE RAISE PRICE WILL BE NEARER 1P.

Nanoco are exporting hot air sourced from Brian and Mike

This is a bargain in theory but not with the funding requirements

Yes the problem is great news comes with the reality that more money is needed, so nobody buys in, then the money has to be raised at a huge discount. This is why most PIs lose money in AIM companies.

I hope people here escaped before today's crash and if not, avoided large losses.

If you look at the prospects of VRCI without the massive funding elephant in the room, they look great.

MASSIVELY out of pocket!