Member Info for Nanonano

How do you suggest the company offers investors the option of equity or income?

Link from my earlier post

https://forums.macrumors.com/threads/report-work-on-multiple-next-gen-vision-pro-headsets-ongoing-including-cheaper-model.2412238/

I can see enormous market potential, but it's going to take time for the apps to evolve, and the hardware needs to reduce in price.

I would say strongly suspect supply to Apple rather than 'will' supply. Many things align, but until we see some third party evidence, like a leaked BOM or most likely a teardown of a device in 2024, we're unlikely to know more.

If STMicro are supplying Apple with anything Nanoco related it will be in the form of a complete device that incorporates the QD's, they won't be acting as a distributer for QD's to Apple, that's cuckoo logic.

Whether Apple and STMicro have some secret agreement to give them an early advantage over competition by supplying exclusively for a period of time remains to be seen. All companies involved seem to be tight lipped.

The wafer facility will enable Nanoco to make their own imaging chips to put the dots in, so they can demo them to third parties.

Interesting reports in the media that Vision Pro volume may equal 1m in 2024 after all, the 400k is the first batch. Same report is also estimating 10M Vision Pro volume within three years, and multiple devices in development by Apple.

All moot if the device turns out to be using alternative tech naturally.

Nanoco has little to no exposure beyond its small existing investor space, such as boards like this.

As of yet, existing Nanoco investors don’t know where the materials are going to be utilised beyond STMicro, let alone potential investors. That the first end customer is likely to be Apple is very likely, but purely speculative.

What will prove interesting is how many sensors in the device use QD's, if any at all naturally.

If there are none, then it will be interesting to know how Apple have managed to get an eye-safe iris scanner.

If the majority of IR sensors do use QD's, even with lower sales volume, the amount of sensors is higher per device than a phone, watch etc.

Https://jobs.icfo.eu/?detail=556

Carry-on troublesome?

"I wouldn't have minded it stagnating at around 72p !"

Well I guess most Nanoco investors would have liked that. Wish in one hand.....

If the settlement had been higher, I think the company value would have still stagnated, albeit at a higher point reflected by the amount settled, as the company still had no organic business beyond a few R&D contracts.

It could have been a good deal worse. I think the company could very easily have gone under had they not been able to raise cash after the 2019 Apple contract disaster. Investors back the. Will remember that display was considered a complete dead end, and we had no inkling of Samsungs treachery.

Comma= communications

When you calculate the settlement amount with the shares in issue and adjust for dollars to pounds, it comes to about 37p per share. Was it coincidental that it aligns with the last cash raise amount?

Having said that I do believe that the comma leading up to the settlement were not good enough, even if we discount the estimates given by Edison and Turner Pope, which were wildly out, the fact that a settlement of fair value would equal would be ‘multiples of current market cap’ was clearly not the case the time that was stated. I expect that caused much of the consternation. BT seems to be measuring his statements more carefully now, but the damage was done and although the board won the support of shareholders at the special meeting I think it’s made smaller investors more cautious investing in the company- hence the present value.

We'll just have to see how things pan out. With regards to organic growth, a little later than was expected this time last year, but guided accurately once they were given an adjusted timetable so better late than never, and the delay appeared to be beyond Nanoco's control.

I'm not sure how popular the 1st generation materials will be, but they may prove to be more popular than many of us think once OEM's see what they can do in a product.

Post-settlement, Nanoco is a medium-term investment. I believe it's going to take two or three years for sensor revenue to scale (assuming it does). If it happens sooner, all the better, but I'm not counting on it.

The market response to the commercial contract has been muted. I wasn't expecting the share to scale hugely, but did think it might move back into the twenty-something pence area. However the RNS was cautiously worded and ofcourse investors still remain in the dark over where this tech is being used, although we have some breadcrumbs to follow.

If a link with Apple can be established through supply chains, things may liven up considerably even with modest revenue.

Company value will depend on what information becomes publicly available in the next few weeks/months. At present I cannot find any reference to ST Micro's QD IR sensors beyond what we've already observed in prototype form and academic papers. They're keeping a very tight lid on this indeed.

Although many Nanoco investors may be hoping for divine intervention, I think the philosophical discussions are best left alone.

Wasn't charity or a prick of conscience- does Apple have one of those? They figured they'd need them at a later date.

So many things align with the Vision Pro.

1. The shifting timeline.

2. Small order volume which later reduced further as a consequence of OLED on silicone production limitations.

3. Iris recognition.

4. Game changing accuracy of IR sensors for hand, body and eye tracking.

5. Evidence of Apple's continued interest in Nanoco technology.

6. Cancellation of any debt on Runcorn facility- an unusual act of charity from a company not known for its benevolence towards third parties.