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One of main problems is nanoco has so many different areas. Harder to sell many areas than focus on one such as nanosys. Even nanosys do not bother with mobiles or tablets, just tv display. Nanoco specializes in Display, qd dots micro led, growth lights, vertical farming, car sensors, cancer detection. Medical, automotive, display, endless list of applications. Dow, Merck, wah hong will have to deal with new owners. Maybe nanoco will keep the medical side.
What would Apple do with cancer detection patents???
The big difference between the two is nanosys focused fully on display to make revenue. Mike said the same but used the money to finance many different departments. Then slowly one by one had to retire departments. Nanosys took the main share in display and nanoco ended up selling sports massage device and plant growing kit. NO displays no revenue. 15 years of focus on display ending with no display and no mention of the 13 programs. Check out prospective from the last 5 years. It’s hilarious everyone mentions how close to mass production they are. Shows how much of a liar mike really is. Merck will be commissioning a factory shortly lol
Has news been leaked?
Cadmium-free quantum dots maker Nanoco (NANO) proved the most disappointing holding in the half, the share price cratering after the company reported that its largest prospective customer would not be utilising its new factory capacity, despite having paid for the all the new machinery.
Nanoco was subsequently sold on the grounds it is unlikely to generate ‘any significant cash in the next few years’.
Wow 15 years as ceo and you made many many millions for yourself and not one single display for sale. Mike is a complete failure.
October 2017 mike stated first commercial display would be in stores q1 2018 so almost a two year delay on that statement. LG signed a deal in 2015 that we never heard a single comment. When news broke mike sold millions of shares. Mike see private investors as his own personal piggy bank. Ramp the sp with great news that never materializes and sell before the bad news hits. I wouldn’t be surprised if he sold the company for 1p a share as long as he gets a huge pay off. The man is morally corrupt. He and shorters have been the only one to make millions from nanoco. Notice he did his usual yearly sell off for a small amount then all of a sudden before the end of contract news he is selling off millions.
Depends on the products. Lots have signed up and lots left. Couldn’t sign Samsung, lg rejected, osram rejected. Mike kept his lips shut so we do not know why they have continually failed. We only have mike saying world leaders
Mike sold shares on two recent occasions. The first just seemed like his annual sell which a small portion was for charity. The second large sell selling 2 million shares came shortly before the news apple would not continue. Which lead people to believe he had been tipped off. Also Nigel sold a big portion and another director. Couple of weeks later sp dropped from 40’s to 6.7p the reason for mikes sale “loan” the same loan he would have had when he made his first sell. No recent rns so no new contracts. All they have to say is the same BS that they do not need to payback the loan for new factory. Which they included as income last year. Madness
More likely a yacht than plane. Sold a couple of million when sp shot up with news of lg deal that never happened. Still to this day not a word regarding LG. Mike is a multimillionaire he has made a fortune from nanoco. In fact probably the only one.
Just everyone’s point of view. I agree not likely for a ban. This is more to do with the rohs being soft. Two extension for companies to invest time and money into r&d and all they do when they get an extension is focus on selling more cadmium based qd’s. They contact nanoco and give them a program but only as a back up in case the rohs get a back bone and say enough is enough. I feel sorry for Nigel the most. Creates a great product and mike comes along. Mike does what he does and becomes a multimillionaire while the creator ends up will lots of shares and no millions and a failing about to go bust company. Also mr Tenner invests then sp sinks invests more and they sink. I have a sneaky feeling that Apple is not a dead donkey. This iPhone no but they know have a connection and qd’s are growing which Apple will have many uses for. Apple are hardcore when it comes to the environment so now way they would ever use cadmium.
It’s all manipulated new investors cashing out as it has gone quiet and institutes buying them up. Notice how the sp stick around the same price sell then Buy, sell then buy. It doesn’t crash and it doesn’t sink.