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Near infrared is just as valid for Nanoco technology as that termed SWIR so that is not a factor..i raised VD55GI some time ago as being the most likely and haven’t changed that view but also have nothing to confirm it either. But most of the research you can do goes round in circles..there are some good older pieces on STMs use of QDs in sensors but nothing linking that to a current or proposed product. Somewhat frustrating and difficult to know why its such a big secret.
“Nanoco's HEATWAVE™ quantum dots can be tuned to absorb light at different wavelengths across the near-infrared spectrum, rendering them useful for applications including cameras and image sensors.”
4 trading days of no on market purchase's.
They have shareholder authority , they have given that authority to Cavendish to execute at their discretion independent of the company.They have £1.7m left committed to the buyback.Normally such a remit is done on a daily basis at a % of volume. The activity has been erratic against volume and previously a day was missed, but this time 4 days looks like a considered halt. No idea why and can think of a valid reason…since they have committed to buy back and have led the market to think that the shares are undervalued ( see broker note) and there should be further orders surely they should be cracking on and doing what they said they would do. If good news comes and the shares jump justified to question why they did not continue the buyback when the shares were 20% below levels they had paid mid April i guess.
Good digging..though we don’t even know if thats the sensor our materials are in ! Again seems strange to me that stm have been out there demonstrating the great advantage of using QDs in short and near wave infrared sensors yet do not mention them as a USP in their wares. Nothing even in technical spec.
Not 100% i thought i had seen launch or available March previously so there may be a change in designation..difficult to understand the full relevance.
What is interesting on the “commercial” nature of the November order is that commercial orders were subject to a minimum volume ..specified ..but not to shareholders!.
“The agreement also commits ST to taking a specified minimum volume of nanomaterials from Nanoco if the enhanced sensors gain market traction and commercial volumes are required. These would be produced at the existing facility in Runcorn. Given the time taken to qualify devices, we expect this to be late 2021 at the earliest.”
https://www.edisongroup.com/research/supply-agreement-with-stmicroelectronics/26954/
2021..you say ! But anyhow after 2 years of r&d developing bespoke products you might have thought such a minimum commercial order might have been more than $200k or so ( which i believe from published information to be the case..maybe smaller)
To tell us they have a minimum specified volume in the agreement ..but don’t tell us what it was is so Nnanoco ..grey grey and more grey.
“So, now you think BT is the Messiah! Praise be, if he can convert you it will be Kooba next.. ;-)”
Matthew 7:15-20
King James Version
15 Beware of false prophets, which come to you in sheep's clothing, but inwardly they are ravening wolves.
16 Ye shall know them by their fruits. Do men gather grapes of thorns, or figs of thistles?
17 Even so every good tree bringeth forth good fruit; but a corrupt tree bringeth forth evil fruit.
18 A good tree cannot bring forth evil fruit, neither can a corrupt tree bring forth good fruit.
19 Every tree that bringeth not forth good fruit is hewn down, and cast into the fire.
20 Wherefore by their fruits ye shall know them.
Crikey that got heavy quickly!
Sheep’s clothing= company logo tops??
Fruit =nanomaterials??
All in jest! I’m sure i will be proved to have been far too concerned at the lack of meaningful commercial progress soon enough and having replenished my holding will be like Paul the Apostle.
TS…I was jesting ..retaining talent is important in world leading companies if “investing” in nice tops makes folk happy we should ALL be happy !!
Must be all the free branded clothing
https://x.com/nanocotech/status/1790411780839161867?s=61&t=s79RLRddG_Gfl7VpUZvZpQ
If only being a shareholder was so rewarding!
Mouser says non -stocked..whether that means awaiting inventory and what lead time there may be is unclear..buy doesnt seem you can buy a VD55G1 and expect delivery as yet.
The evaluation is maybe concerning IF this is the product as it would indicate that the small order received is not necessarily to fulfil a customer order but maybe more to do with STM Scaling production and creating samples ..BT has said he doubts the materials are in customer products yet …so could mean genuine end customer and significant recurring orders are not imminent? Who knows as always a lot of grey and supposition but not surprising folks are trying to get a grip on what the company’s materials are going and trying to understand potential revenue growth.
Loam had 16,945,280 shares post tender representing 8.51%.
If they sold more that 1m shares it would have moved them below 8% and they would have had to announce…or definitely should have. So doubtful that they have been a meaningful seller.
They did buy stock in the market around 23p when the directors sales to meet tax obligations were made..so that was lucky.
For clarity that was Nanocos description of itself ..not from the report.
https://www.nanocotechnologies.com/about/
“The quantum dots market is estimated to be valued at USD 6.05 billion in 2024 and is expected to reach USD 19.98 billion by 2031, growing at a compound annual growth rate (CAGR) of 18.60% from 2024 to 2031.”
https://www.einnews.com/pr_news/711060377/shaping-the-future-exploring-the-quantum-dots-market-landscape-analysis-growth-factors-and-dynamic-demand-by-2031
“Nanoco is the market leader in the research, development, licensing and large scale manufacture of novel nanomaterials for use in various commercial applications.”
So the market is worth $6b this year and Nanoco are the market leader..so what are their commercial revenues ? Next to nothing.
The company love using this industry data on potential growth in the areas it has interests yet ignore the fact the market has already grown substantially and they have not participated…so far . A demonstration of their market leading position would be nice!
Not true there has been a fair bit of trade below 18p and they were even freely offered on the RSP s below 18p…I know because a bought some ( more than £1350 worth !!)
Agree Paul as an order book the broker could just work the bid and have got quite a few below 18p.
Why be almost half the volume at higher levels and nothing down here ..it’s not volume related ..they are not buying any , decisions have been made , and there’s no point in making stuff up.
Shareholders gave the company authority to buy shares back in the market , the company gave their broker instructions to do so..the company and Cavendish apparently think the shares are cheap yet having paid 23p for shares they now aren’t participating over 20% lower a few weeks later…all rather strange!
Loam are the longest term holder on the share register having been a holder pre IPO.
They tendered their entire holding ..are they long term or speculative in their approach? Labelling those who took part in the tender as speculative traders is rather bogus…they just knew what would happen and acted accordingly.
As to how the buyback is being done it appears strange there was normal reasonable volume end of last week and they did not participate. Most buybacks i am aware of who have a broker managed arrangement will execute even relatively small amounts around pre set parameters so suddenly just stopping is odd and there is not easy explanation..maybe the guy that does it at Cavendish is on his hols!!
Those who predicted the price would not fall back as there would be no sellers post tender maybe need to reflect more on previous predictions than make new ones?