NC6 0.00% 2.2¢ nanollose limited

Ann: Nanollose and Grasim - Joint Patent - High Tenacity Lyocell, page-35

  1. 4,077 Posts.
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    54% up for the day. Pretty good given what we really got was news of a patent application.

    It's more than that for Nanollose, though, and suggests a new product, and a steady and sizeable income stream years down the track.

    I suspect this will put increased upward pressure on the share price, but we will see the predictable slow fall on low volume.

    I agree with others that the market cap of this stock is far below what is reasonable. I think it will just take those supply agreements with labels we have heard of to push it to in the vicinity of $20 million. Flingers crossed that happens soon.

    I'm looking forward to the webinar where we have been given an opportunity to ask questions.
 
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