Member Info for Valueformoney

Imagine trying to pick apart a special situation where even a solvent wind up would conservatively result in at least a doubling of the equity value.

Agreed! We are worth more by winding up!

Stockcapital - apologies I didnt actually see your post but great we are agreeing on things. regarding cash balances, my point is we are not receiving any return on our cash therefore each day it becomes less. in 4 yrs it'll be gone. If I am looking to value the stock on a 10 yr basis then the value is purely on the ip - which we can't sell.

Gf. No one is going to reveal who they are. I don't think TW is a board member any more than I think you are (did the board decide this unanimously?). I actually think there are a few brokers/market makers in here the last few weeks but I cant prove it and ultimately don't care. If there were no traders/sellers we'd all be stuck!

TW/gf, yes exactly. It seems no one can monetise our ip or enable a sale of the business. The auction of the ip seems like a last resort.

"The cash alone is worth equivalent of 5.6p per share". Yes, and tomorrow it's less. And the next day. And the next day. You don't value a company based on cash in the bank if it isn't generating anything with that cash. Our board was brought in to sell the company. They failed. Whether we delist or not they need to go. Better still, Nanoco auction the IP, return the cash to shareholders and wind up. No board has never been able to commercialise the ip.

As per TW, no one needs an independent adviser to tell you saving money is good for the long run. I wonder if Nano would have released the RNS if they hadn't agreed with them..

The value destruction in 3 years is quite remarkable. NP was leaving anyway and clearly has no commercial acumen. A NO vote will presumably see the whole board resign to be replaced by another bunch of journeymen who have no skill other than attempt to also sell the company. The new people shouting on here this week sound like brokers. Good luck to you if you've managed to make a spread this week but I suspect you'll have no influence on the outcome.

A relisting to AIM would make more sense in my opinion than delisting. Ignoring the £700k the directors are desperate for anonymity. They were brought in to sell. It didnt happen. They are not the ones to take this in any strategic direction. If we stay listed they will be gone. If we delist, any remaining value (cash) will disappear far quicker than if we were listed.

Unfortunately TW, previous experience suggests nothing is ever going to materialise. The valuable patents we had were stolen and whilst a satisfactory settlement sum was achieved it was disappointing not to include regular royalties. After 25yrs in existence we are back to being a start-up!

"£700k p.a. isn’t trivial over three or four years." - it is when you're expecting to breakeven in a quicker timeframe. The company states it "neither currently experiencing any financial difficulty nor is it expected to in the near term".

2. I'd argue Nanoco shares are indeed liquid

3. Corporate and strategic flexibility - really?! What has held them back in the past??

4. Will allow the Company to discuss a potential sale process unencumbered by the disclosure obligations.. again, really? We didn't agree a sale during the previous two attempts because of this?

As a holder of 10yrs+ I am sceptical of this move to delist. Thanks to all for their input over the years.

My read is this. I have no idea over either. The market is telling me zero value.

It's when we run out of money

A clear path in sensing. Great. Now we can reap all that revenue that previously been held back by the uncertainty.. We are producing nothing. No one wants to buy us. And some here wonder why we are trading at below cash.

"the board believes the value of the IP" - the CEO is leaving..

This should surprise no one

The 4.5mln is worthless to the share price. We have no saleable product so the $4.5 cannot be reinvested to make more money. It could be handy for our litigation but also unlikely to be helpful to the share price. Calm down. We need products we can sell or licensing agreements. This cash will be spent on keeping the dream alive. No one is buying us. Why would you when you can use our IP for free until we decide to take you to court.

Mkt cap / no of shares ? lol. I am genuinely interested in how people are valuing SEE? I am positive for the future but cannot reconcile "how is it not 11p already" or "50p is my target". Unless there is a valuation method, regardless of how optimistic, then it all comes down to luck since there is clearly no substance behind the numbers.

Hi Aspers, would you share how you got to 50p?

How is that more sensible? your return from a stock is the total return including any form of corporate action. If you buy a stock today for 200p and sell it in 10yrs for 190p having received 150p in dividends or other distributions, it would not be sensible to look at it as a 10p loss.

170 + dividend or 168 and no dividend. Do the maths. Look at the total return of a div payer rather than just the buy vs market price.