As Nanoco Group PLC Plunges, Is It Time To Cut And Run?

profit of £4.2m is expected for 2016

2016 P/E of 85.3

year ended 31 July 2014 show that the group used £7m in cash to finance operations and capital spending during the period, on revenue of around £1.5m. The cash outflow was financed with the issue of new equity.
http://www.fool.co.uk/investing/2015/01/06/as...t-and-run/

.....forward looking statement and a lofty PE. Things still looking rough for Nannoco ahead, (especially if delays continue w/DOW)
https://www.google.com/?gws_rd=ssl#q=nanoco+stock+price


.....will be glad to QMC w/revenues and or contract in hand. Can only imagine what the PE will be ; )


Better times ahead