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Loam have probably reduced their holding causing a downward pressure on the stock and others are taking advantage of this to amplify the uncertainty. We know that a payout has been agreed in principal, but details have to be refined. It is fair and refects past and global sales. We know it is towards the lower end of a 'Successful Jury Outcome' as opposed to 'lower end of settlement'. Nanoco will be in their best position since inception- cash funded for the forseeable during a downturn, with future scope wrt the quantum dots and other opportunity.
'Gross settlement value should be expected to be towards the lower end of the range of expectations for a successful jury trial outcome as previously guided by the Company'. Note 'a successful jury trial'. This is a nine figure value. The company made £2-3 million profit last year. So we are talking *15-45 fold profit, if very conservative.
Q. Do the lower damages awards as reported by Edison ($200-250m) apply to the current litigation territory (US only) or to worldwide sales dependent on additional litigation?
Stated this is US only and a base case without 'multiplier' for fut and global sales in Jan 2022 interview.
You would think that we had lost the case, not just won a hefty nine figures, and a significantly enhanced reputation going forth.
Will repeat 'lower end of expectations for a successful JURY trial and GLOBAL' not 'lower end of expectations for a settlement.
Revenue going forth is disappointing, but share price should climb north soon enough.
Apart from future royalties, why is this bad? Settlement is usually significantly lower than Jury outcome, not towards the lower end of a Jury outcome. Still probably more than market cap.
Results from EDR on the 8th - should include the upgrade at Wressle which can only be positive for EOG
Questions were well answered, clearly company doing well and selling the right product at the right time. and book expected revenues in. Share price shbould react accordingly
Significant revs are generated in the US-podcast downloads and advertising partners. An advantage given the pound slump against the dollar?
I think it's already reached the fraction of the investment.
You're clearly shorting this share as have come from nowhere to be less than helpful.
I can't see them not getting debt financing, since they have significant revenue and no debt. That's all that is required to get over the headwinds over the next year. Streamlined and with a Christmas boost, I think they should be okay.
They have Trouva, cheaper smaller items popular over Christmas. They'll survive.
They're exploring all options apart from diluting. Funding from a partner, debt financing or sale. They don't ha e de t and financing over three to five years and being stream lined will help.