Nano One Materials Corp T.NANO

Is a sub-$1 handle possible? Nano Share price scenario

[Lawisfun]

Market sentiment is strongly against even the established/profitable plays in this space.  Nano One is far from being profitable or commercially established.  And therefore, we are trying to work together as a community to help one another identify when a good time is to deploy our hard earned money to back Nano One.

Today Nano One is trading at ~$1.80 CAD.  Nano One if valued based on cash alone is likely worth ~$0.40 CAD per share.  Many are cautioning investors to brace for names in this battery space might take a further ~80% haircut from current trading prices.  If Nano One drops by another ~80% that would give us a share price of about ~$0.40/share.

People tend to claim Nano is worth much more than their cash in the bank (which I also agree with).  The Candiac and Burnaby facilities are worth something (however they have high operating costs and therefore would not help with evaluations during a prolonged bear market for this sector).  People point to the Nano One patents which are of course worth something.  However, the markets tend not to value patents that are not yet commercially proven (in the sense of yielding licensing revenues).  Especially if there are alternative patents available elsewhere (e.g., SpringPower, Novonix, 6K, Tesla, China, etc.).

It is worth accepting that Nano One share price might drop much much further (e.g., down to as low as cash value $0.40 CAD/share). 
 
It is always hard to see a company you support struggle but that is the nature of the markets.  And 80% haircuts should be expected in these hyper growth sectors. 

[Lazerbeam]

"Many people are saying..." is not a sound way of predicting the market. Make your own conclusions that are not based on others opinions. I think you should start keeping your opinion to yourself Mr. Pretentious.   Also why no signature sign off anymore? I miss the cheesy "Good luck to all the longs"  

[Lawisfun]

Are Jeremy Grantham and Ray Dalio not good enough sources of insight in your opinion?  I think both have made sound arguments to be cautious right now. They are among many titans of industry who have shared sound investment rationale to support a cautious position for 2024.  Good luck to all the longs (including yourself). 

[Lawisfun]

Have a listen.  Jeremy's opinion deserves some respect based on his career success and simply owing to his great mind.  Jeremy is an elder in our community and his opinions should not be discounted.  https://youtu.be/ULcisguHRTg

[Teccing]

 I nowhere pretend be more than anyone, most lowly I'm, will be remembered for little or more likely nothing at all. No hero here, less than zero. Who else may I compare to, I little care too. 

[Teccing]

No need to concern if this a very minor part of your portfolio, like less than 2%. If it is anywhere close to what many here would like to believe it's worth, no need to bet the bank. Don't get food by the pumpers  Sleep well!