Member Info for Ginodog

Once again TG2D….who’s just turned down 24p but are going to sell to LOAM at 12p?! Or sold some at 24p and now going to sell at 12p. Crazy talk.

They can get over 10-15% profit buying back in at 20-21p and that’s exactly what I’ll expect they will do (and planned to do).

This whole approach was influenced by LOAM and the tender was oversubscribed massively. Surely no one can be surprised by the news this afternoon.

What’s around the corner though….BT and the board wouldn’t have dug their own grave so I expect to see LOAM back in with a skimmed profit and the whole thing smelling like the John West factory.

TGTD - it’s “you’re” jumping the gun.

This is exactly what you said TwoGood2Die:

“Gino

When £35m of cash has been taken out of the business and there is no organic growth to support it the only thing holding the price up for a few weeks post buy back will be £3m market buying activity and Cavendish attempting to ramp at 60p...theycare off to a tremendous start already credibility already shot to ribbons from day one!

It's hard to see how the loss of £38m won't adversely impact the share price if there is no organic growth or other news to support it!

Enough said you clearly don't understand share valuations and their basis!”

So do I get an apology?

I’m not saying that I’m definitely correct. But you jumped straight down my throat as if what I was suggesting was ludicrous. The tender is complete, the market knows the £33m is committed. The share price is 23p.

I said all this to TG2D on 23/3 and he basically called me an idiot and said that I don’t understand - I couldn’t see the SP moving up or down significantly after the tender until material news.

TwoGood2Die - at least NGR apologised - still waiting for you!

I may end up being wrong but just wonder if you reconsider throwing around “such and such doesn’t get it” and the like in the future just because it doesn’t align with your opinion.

NGR and TwoGood2Die - below was my post from 23/3 both of you tried to belittle me. NGR - you said “Gino doesn’t get it” and TG2D was just as bad. But here we are with a static SP. Will the apology be forthcoming….or will just continue to try belittling other opinions that don’t match your own??

“My best guess is that the SP will remain relatively static to where it is now - in the short term, until we have any news.

But during the tender offer there are two options and two positions a shareholder can take:

1. Don’t take up the offer, believing that there is not enough value in the offer of 24p

2. Take up the offer selling up the 38.5% of holding (or potentially more) believing that there is value in the offer of 24p.

I appreciate that the market doesn’t just freeze but tell me which of the above shareholder types will be prepared to sell at 17p immediately post tender offer??”

Surprised the market reaction was so muted. What are your thoughts Gdog? Maybe the LG settlement higher than Nexxen noises suggested? Clearing debt ready for sale??

…..attending the GM today in person?

I agree bucheron but I got shot as being stupid for suggesting such a thing.

Meanwhile, Donald Trump’s LOSS MAKING Truth Social is valued at 8 Billion Dollars!!

In case anyone doesn’t have LinkedIn access:

The weather can't stop Nanoco

Despite the miserable weather, 15 of our staff gave up their weekend to brave the elements and get all the equipment for our new device lab into the facility.

With equipment weighing as much as 1200 kgs, constant vigilance was needed from our team, as well as the help of a very big crane, to ensure that the whole operation went smoothly and safely.

The full team are now busy commissioning the new equipment with a number of items already brought into service. We hope to be fully operational by May to allow us to make and test our own devices with some of our new nanomaterials for use in infra-red sensing applications.

BC

I agree with you here. Can’t see the “consultation” having ended with Nano leaving the biggest ii with an “out”. Neither can I see it be perfectly set up for them to sweep up given the anger of the litigation outcome played out for them (and the ongoing case between them and Hamoodi).

Predict at your peril here!

TG2D - I very much do understand the calculations.

But you’ve still failed to answer my question. Every buy needs a sell and you’ve not answered on which holders would possibly transact at 17p the day after declining the 24p or accepting the 24p offer. Apart from a few day traders. Let’s wait and see what happens. The story so far has been far from predictable and the smart Alec’s on this board have often been left red faced. Let’s see.

I didn’t imply 24p. I said pretty static to where it is now 20p-21p. Until any news appears on the horizon.

You are going to need a bit more than a few day traders if LOAM are looking to buy back 38.5% of their holding that they just sold off!!!

NGR1616 - TG2D is suggesting that below

“ LOAM for instance get most of their shares bought back at 24p for them then to reinvest at a far lower cost post buyback at sub 17p”

So who is selling at 17p or immediately post buyback?

I understand.

But answer my question please NGR1616. Who is selling at 17p immediately post tender?

TwoGood2Die

My best guess is that the SP will remain relatively static to where it is now - in the short term, until we have any news.

But during the tender offer there are two options and two positions a shareholder can take:

1. Don’t take up the offer, believing that there is not enough value in the offer of 24p

2. Take up the offer selling up the 38.5% of holding (or potentially more) believing that there is value in the offer of 24p.

I appreciate that the market doesn’t just freeze but tell me which of the above shareholder types will be prepared to sell at 17p immediately post tender offer??

TwoGood2Die

I understand all this. But can you answer the questions…..having not sold out at 24p or having sold a large tranche at 24p…..who will be prepared to sell their shares at 17.5p???

The value is only what someone is prepared to sell / buy at.