Tip update: Nanoco preparing for cash distribution

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Cadmium-free quantum dots developer Nanoco (LON: NANO) is in position to return the cash to shareholders it has promised and continue to develop IP. Investment in facilities will help to boost development revenues as product sales are building up.

Nanoco has achieved its first production order and trading remains in line with expectations. The interims will be announced on 27 March. The full year loss is forecast to fall from £3.6m to £400,000.

Earlier this year, Nanoco signed a joint dev...

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