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Personally I have done very nicely out of trading the crests and troughs over the years but have always viewed the company as a long term ride. R&D is a slow process and commercialisation even slower. Petit à petit, l'oiseau fait son nid.
I have been an investor here since 2012 so have experienced the slings and arrows of outrageous fortune with this company and feel an affinity with the technology and the extraordinary expertise involved in its creation. The thing that ticks me off is the disingenuous and pompous hindsight prattle that is designed to mask the miscalculations of unwise dabblers, out for a quick buck. Not that a quick buck isn't a bad thing per se but it's nature is one of very high risk usually. To continually bleat about the fictional deception that has robbed one of an equally fictional fortune is fruitless and frankly boring. To launch an attempt to loot the hard won assets of the company is, in my opinion, fallacious and delusive and should be vigorously resisted.
TG2D
Given your forensic analysis of Nanoco versus Nanosys and your withering condemnation of the company history, coupled with your financial acumen and attention to detail, it begs the question:
Why the f... are you invested in a turkey like Nanoco!
Voting for anything from a position of ignorance is foolhardy. Voting emotively from disappointment, the same. Voting for replacement of an experienced team with intimate knowledge of a very complex technology and guarded development progress is equally foolhardy. Historically the abundance of cash is a huge magnet for nefarious actors to redeem for themselves in acts of piracy. Unfortunately this is how I see the present situation.
Just imagine where we would be now if Samsung had bought our products through the normal channels. The bank balance would probably be something similar but the market sentiment would be entirely different. The perception would be one of great success. There would possibly be an ongoing supply contract and associated prestige amongst other product users, both destroyed by the way Samsung behaved and the petulant screams of those carpetbaggers who didn't become overnight millionaires.
I am amazed at some comments on here, completely devoid of reality, skewed by smooth talking manipulators into believing that the company is a worthless pile of doo doo. The fact is, the company employs some of the best scientific brains in the industry, has a multi million pound bank balance, a new factory and links with sector leaders. I feel confident that further success will come along soon. Don't be fooled by fomented dissatisfaction that has driven the SP down to artificially low levels. Predators smell opportunities like this
What a lot of people fail to grasp about Nanoco is that they are primarily a research and development company not a manufacturer. Their revenue in the past has been derived from small samples of highly advanced technology, which in a lot of cases has to be integrated into new products only just invented and looking for a market. The whole sector is very precarious as the drop out rate for new tech is very high. The fact that Samsung thought CFQD's worth purloining says a lot.
Nanostory, who made you the arbiter of polluted opinion or the fake news police. Opinion is sacrosanct to which everyone is entitled and if you don't like it, tough. Your campaign of pseudo legal drivel will fall flat on its face.
Talking of muppets, one thing that seems to escape understanding is that the deal is done, it will not/cannot be renegotiated so if you don't like it, sell up and move on. Financial gains are not guaranteed and trying to ascribe some higher meaning to your gambling with pseudo intellectual/semantic babble is pointless. If you feel frustrated at not being sufficiently rewarded due to misleading advice, stamping your feet and screaming till you're sick won't do a thing. It's a casino and you can't beat the house. Destabilising rhetoric is the enemy here. If instead, rational thinking had praised the board for saving the company years of expensive appeal litigation, always assuming the case was won, the sentiment would have maintained a higher share price than we currently have and as the name of the game is profit...... thanks a lot, petulant whingers.
Strictly without prejudice, I can see a fictional scenario where a cash rich small company becomes the victim of an assault by predatory opportunists, fomenting hysterical dissatisfaction with its board of directors, calling for their replacement and looting the liquidity in short order. That could never happen in reality, could it?
Have you children listened to yourselves, like schoolgirls bickering in the playground. Get over it, you won't alter anything. In the immortal words of Crocodile Dundee its like two sparrows arguing over who owns the tree they live in. If you think this company is a turkey do what wise Feeks did and move on. This used to be a great and informative BB but now it's a repetetive joke. Grow up FFS.
If we look at the residual settlement amount in a different way, my take on the situation is that Nano, a small R&D outfit has made a profit of close to 50 million pounds over the last few years with technology that is so good the world leader in tv sales has used it. It says to me that the company has sound expertise in the field and is a solid opportunity for me as an investor going forward. I have no reason to think that the BOD is being disingenuous in its future projections of commercialisation. Faites vos jeux.
I'm with you NGR. Some of the petulant rantings are going too far. Some obviously got their knickers in a twist thinking they were getting a Toyota for Christmas and were disappointed when they got a toy Yoda. You win some, you lose some. That's the nature of investing in loss making companies.
As I watch my investment melt away before my eyes I wonder if there is anyone at the helm of this ghost ship to reassure the crew that the fog will lift and the island of Tahiti will hove into view. The silence is deafening.