So commissioning started. Good stuff. Should be about 6 weeks till production once all the systems are checked etc... Then flog as much of the stuff as possible into a rapidly growing market....
Notice Merk has just picked up Qlight Nanotech for an undisclosed sum. Remember in the market it's not all about cash generation. Wonder how much they paid. For a company like Merk or Dow or LG 5-6 hundred million is a drop in the ocean....[link]
When the factory was two years off Nano was £1.90. Now it could be just two weeks away. The time to buy is now as that last high could be reached given a similar newsflow. I recall it moved 50-60p in a day. Key is whether you believe management or not. Plus, they have been producing at runcorn for almost 9 months. Still a good bet imo, though not without risk.
Forget the market look at the industry and the company..... LG releasing QD TV's in the third quarter. Look at 85% of Nanoco's recruitment in the last 6 months, all to do with production. Dow has spent millions on their factory. Anyway, regarding LG have a read ..[link]
Funds buy and sell like individuals. It's the market. Funny that everyone thinks making money for doing nothing is easy. At least they do in the early years. If they don't give up after 10 years they might start to make a few pounds.
That article isn't a credible account supporting as it does quantum materials. All I know is that Dow have recruited extensively for their Korean production facility and have been preparing it for almost a year. They have also been giving recent talks at SID etc. LG will have to respond to the QD challenge from Samsung.
Think those big trades were related to main market entry. On another point, I'm amazed how ill-informed some of the tech reviews are. He's one stating that the LGUF500 is a quantum dot TV, but it isn't it's phosphor based. The quantum dot model is LGUF400, which hasn't been released yet. Anyway, not a great review which I suppose is positive in a way [link]
Huge trades today..... what's up do you think?