RE: Nanoco Pacer30 May 2025 14:44
I'm tentatively valuing LG vs Nano @ circa £10-£15m based on Edison' commentary and I'm assuming there's a 50% chance of success. That adds £5 -7.5m to the mCap less the time value of money so I think it's likely been in the price since news of the announcment settled in. Since there's a valid threat of injuction I anticipate a heavily discounted early settlement just before the hearing. It might come down to a few £million plus costs.
The next news, due before the end of the quarter, might contain the value of the bids within the CDX process. If so, I think this news will be more important.