Nanoco is now focused on generating value from three core areas: nanomaterials for the sensor market, where it has a framework agreement with STMicroelectronics; quantum dots for TV displays where a number of development projects are underway; and pursuit of the patent infringement litigation against Samsung. Noting that net cash consumption is now c £0.3m per month, which management, led by Brian Tenner, estimates gives a cash runway to December 2022, we have reinstated our estimates.
16 Oct 2020
Nanoco Group - Rebuilding organic value
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Nanoco Group - Rebuilding organic value
Nanoco Group PLC (NANO:LON) | 19.7 -0.1 (-2.4%) | Mkt Cap: 38.7m
- Published:
16 Oct 2020 -
Author:
Anne Margaret Crow -
Pages:
6
Nanoco is now focused on generating value from three core areas: nanomaterials for the sensor market, where it has a framework agreement with STMicroelectronics; quantum dots for TV displays where a number of development projects are underway; and pursuit of the patent infringement litigation against Samsung. Noting that net cash consumption is now c £0.3m per month, which management, led by Brian Tenner, estimates gives a cash runway to December 2022, we have reinstated our estimates.