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crunch55

02/19/12 1:50 PM

#10489 RE: clearsudden #10488

This is where you need to do a little more due diligence before posting...first the share price is 63 pence not 63 dollars...little bit of a difference considering 63 pence equals 1 US dollar...back to math class my friend...I am sorry to disapoint you that your investment in Nanoco is not what you thought it was....

Now try your math again using the right conversion based on the statement below

Year over year, Nanoco Group PLC has seen revenues fall from 2.9M GBp to 2.6M GBp. This along with an increase in SGA costs has led to a reduction in the bottom line from a loss of 1.1M GBp to an even larger loss of 2.5M GBp.



You seem to forget the part about the 2.5MGBp loss as well....