looks like today's drop centres around the renegotiation of the DOW deal, very short term reaction to the news considering no actual figures are given.
Personally I feel this, the update in it's entirety, is very positive especially with regard to the previously stated 'Nanomarkets' report which infers the necessity of getting first mover advantage:
"Moreover, with the commercial success of QD technology, established electronic display
manufacturers are likely to select such strong suppliers in order to secure their QD raw material
base"
Earlier revenue streams with surely go some way to offsetting the reduced renegotiated licencing deal.
I see this sector going the way of the 3D printing market, with those gaining first mover advantage being able to buy up the competition as they emerge and grow accordingly.
Also with the following:
"Nanoco has completed the planned expansion of its cadmium-free quantum dot production facility in Runcorn with the installation and commissioning of two further Semi-Tech lines at a planned cost of approximately £1.25 million."
This will enable us to get a foothold in other potential markets other than those associated with the displays market, with the potential of entering the lighting market, the solar market and with our non cadmium product the medical sector our chances of increased commercialisation of the Nanoco product have been somewhat accelerated.
"Nanoco continues to make progress in its other core target markets of general lighting and solar energy."
Future tie ups in these sectors should be forthcoming and increased news flow of such deals will propel this share to new heights and promote Nanoco's profile as an industry leader.
Personally I would like NANO to buy out or tie up with QTMM as these two companies have the best mass production capabilities and non-cadmium based products.
Feel the share price will consolidate over the coming days and push ever higher over the coming weeks.
NZ
