GTM bought back their recent short. Still reducing it appears. Lot's more to buy back...
GMT shorts position still a net reduction..... First time they've done that in two years.... Didn't they have a Dow man in charge of this...
The insider trading stuff is nonsense. It's in the public domain that customer sampling is imminent to be followed by orders and production this quarter. You can buy now with this knowledge/guidance. The directors have done so. If there is an announcement from Dow saying the same thing this quarter then that's just in line with what Nanoco have said would happen.
Troyto, think there were 235 million TV's last year. Interesting that 4k UHD TV's are expected to grow from 12 million last year to some 30 million this year [link] That's a huge growth for what is the main market for QD's. I think the price per kg is still between 100-150 thousand dollars though only .5g needed per TV. We're not sure of the royalty rate could be 15-25%.
A delay is a delay and the market is ruthless. Now 2 years behind schedule. I still think Nano are investable but only just. LG need a product and Dow need to begin production. Last chance saloon for Nano this final quarter or the market will lose faith and slaughter them....
The thing about Nanoco is that it is credible. It's not run by a load of business tossers. Its core are some of the best scientists in their field in the world. That's why Dow hooked up with them. And why LG did. I like the fact they don't crow about every little contact with industry, as the other companies do. It's a sign of quality. QTMM are the opposite in that respect. The financial markets are an insanity in the short-term. But in the end, it's all about growth and cash and advantage....