Shares tip...quite interesting.....graph looks good and a british company as well....in electronics...unusual....

Why the fall.

The fall is a clever move by a trader (MM)

The first trade today was UT, basically an uncrossing trade, 4p below yesterdays close.

That triggered a bunch of automatic stop losses, AT trades.

Then the MM that used the UT opening trade puts in a small sell at an even lower SP and the price takes a step down and that triggers a load more stop losses.

A mild panic from all the unsure PIs triggers more sells, while all this is going on the MM are hovering up all the shares at a lower price. might be the same guy who set it off, or a mate of his.

it's called a tree shake to catch all the cheap shares that drop out.

The bears are back in charge for the time being

UT Trades

I forgot to mention this is a good time to take advantage and buy

one view

LONG on NANO first thing bouncing off April support, and double bottom......

Hey GF
Like the chart for Nano. It has support around 150 and a rising RSI from below 30. Also below the placing price, see below:

Nanoco to raise 10m pounds through placing
AIM-listed Nanoco Group has unveiled plans to raise around 10m pounds through the placing of just under 6.37m shares at 157p each.

The placing will be made via an accelerated bookbuild, with the proceeds being used to fund the company's continued growth.

The placed shares will be equivalent to around 3% of the company's issued ordinary share capital.

The placing price of 157p is at a discount of approximately 2.2% to the closing price on October 14th, the day before the announcement was made.

Chief Executive Officer Michael Edelman said: "During the past few months we have made rapid progress with the commercialisation of our technology and with the development of our manufacturing capacity. The additional funds to be raised in this placing will assist our efforts to realise our strategy and to deliver value to our shareholders."

I have bought 2000 at 150.18 but do not expect to see much until production pushes ahead early next year. See below:

Nanoco losses widen as firm works towards commercialisation
Nanoco, the AIM-listed nanomaterials group, saw annual losses widen during a year of major progress in the commercialisation of its quantum dot technology.

The company, headquartered in Manchester, specialises in cadmium-free quantum dots (CFQDs) which are used in many applications, including LCD displays, lighting and solar cells.

The loss before tax for the 12 months to July 31st increased to £5.04m, compared with a loss of £4.35m the year before, reflecting the costs of additional technical staff and associated operating costs. The firm said that these costs were "necessary" for accelerating the process of completing its CFQD display application.

Revenues meanwhile increased from £2.95m to £3.93m, helped by the significant worldwide licensing agreement with The Dow Chemical Company signed in January.

The agreement is for exclusive rights to manufacture and market Nanoco CFQDs for the display industry for use in LCD TVs, computer screens, tablets and smartphones. Dow has told the firm that commercial production should start during the first half of 2014.

This partnership is "proceeding well and continues to be a major focus for the business," said Chairman Anthony Clinch.

During the financial year, Nanoco also signed follow-on development agreements with Osram (LED general lighting) and Tokyo Electron (solar power), both of which are said to be progressing well.

"We look forward to building on a year of solid progress in the commercialisation of our technology and view the future with confidence," Clinch said.

Interesting company for the future!! My target is 165.

David Lucas

NANO

Just a reminder of brokers recent SP targets......

Date Company Name Broker Rec. Price Old target price New target price Notes

16 Oct 13 Nanoco Group PLC Canaccord Genuity Buy 150.63 275.00 275.00 Reiterates
14 Oct 13 Nanoco Group PLC Liberum Capital Buy 150.63 260.00 260.00 Reiterates

Moving in the right direction with a finish at 155
May have to increase my target!! :-)

Im expecting something corporate very soon.

The money raised was taken up very quickly.

Watch this space.

Yes that is one of the things that attracted me as I like a good solid floor to a price. Still think it worth buying at 155. I have only 2000 so may top up tomorrow if price pulls back a little.

It does not look like we will see below 155 again today, looking bullish.

Had a mention in the Sunday Times yesterday.

up 3.28p today so far. Good progress!

motley fool down grade sold @ 186 will go back in @ 130 see last A/C losses ect.

I agree blackbird.

MF were right.

AND WHAT A KNOCKED FOR THE LAST FEW DAYS

Could be good for Nanoco
http://appleinsider.com/articles/13/12/19/apple-investigating-quantum-dot-enhanced-displays-for-greater-color-accuracy
Go to the patent application
http://appft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&u=%2Fnetahtml%2FPTO%2Fsearch-adv.html&r=2&p=1&f=G&l=50&d=PG01&S1=(349%2F65.CCLS.+AND+20131219.PD.)&OS=ccl/349/65+and+pd/12/19/2013&RS=(CCL/349/65+AND+PD/20131219)
Some way down you will find BACKGROUND paragraph 0004 to read

[0004] One of the common issues with quantum dots is that they are potentially toxic. Cadmium-free quantum dots or heavy metal-free quantum dots may be desirable for consumer goods applications. In other words, it may be useful to reduce the cadmium (Cd) content in a product below a threshold such that the cadmium is present only in trace or minimal amounts. Quantum dots with a stable polymer coating may be nontoxic. Another issue is the high production cost for the quantum dots in the display.

Apple QD display