A thrilling gamble on high tech TV

'Nanodots' look set to light up the next generation of televisions. And this British small-cap tech company is well-placed to capture the market, says Tom Bulford.

Buying shares in companies that have no revenue and yet are valued at close to £200m is not something I would generally take an interest in. But one company that could be an exception to the rule is Cheshire-based Nanoco (LON:NANO).

Formed ten years ago to commercialise work done at the University of Manchester and Imperial College London, Nanoco moved a step closer to its ambition last week when it raised £15m through a placing of shares.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
Explore More

Tom worked as a fund manager in the City of London and in Hong Kong for over 20 years. As a director with Schroder Investment Management International he was responsible for £2 billion of foreign clients' money, and launched what became Argentina's largest mutual fund. Now working from his home in Oxfordshire, Tom Bulford helps private investors with his premium tipping newsletter, Red Hot Biotech Alert.