Haydale - Page 17

Haydale ordered two new plasma reactors from Tantec, and should receive those new reactors in December 2014. This will allow Haydale to increase graphene production capacity and increase operational flexibility.

Haydale and Tantec also signed a two-year contract to continue to develop the functionalization process to meet specific needs of customers. A couple of months ago Haydale published a research showing how graphene functionalised resins offer a significant improvement in strength.

Haydale reported a loss of £2.2 million for fiscal year 2013, up from a loss of £1.1 million last year, mostly due to higher administrative expenses because of its AIM listing. The company posted revenues of £130,000.

The company however is confident that next year will be a successful year. haydale is expanding its operational, sales and marketing capabilities, increasing its graphene functionalisation capabilities, and developing its IP.

Haydale signed a research and collaboration agreement with the Swansea University’s Welsh Centre for Printing and Coatings (WCPC). Haydale and the WCPC will further refine and develop Haydale's proprietary ink formulations to fully commercialize graphene based inks and coatings.

The first stage will focus on a number of specifically targeted inks and coatings. Haydale will supply ink formulationas to the WCPC, which will develop and refine them. The collaboration is also looking at the exploitation of functionalised graphene and other carbon nano-materials developed by Haydale in areas such as transparent conductive films, barrier coatings and 3D printing.

Haydale published a research showing that its functionalised graphene nanoplatelets (GNPs) significantly improve the nanoreinforcement of resin. This research was conducted conducted by the Material Science Department at AeroSpace Corporation.

According to the report, graphene can significantly strengthen toughened epoxy composites. The reported increases are >2x in tensile strength and modulus of an epoxy composite using a number of Haydale's HDPlas O2-functionalised GNP. The addition of increasing amounts of GNP resulted in strength increases of over 125% and toughness improvements of 100% over that of similarly cured, unreinforced material.

I'm happy to announce our new investor forums. A lot of people are seeing a great future with graphene, and are interested in investing in the industry. In the past few months several pure-play graphene company went public, and now investors can use our new forums to get new ideas and share their information.

If you want to post a new forum topic, contact us and we will setup your new account. Registered users can also post comments on graphene-info stories (and forum topics) without approval.

Happy conversing and good luck with your investments...

Haydale went public a few weeks ago, raising £6.6 ($11 million). Haydale's broker, Hume Capital Securities "temporarily" dropped all of its market-making activities on IPO day. Haydale's shares dropped 15% on the first day, and reports suggested that Haydale is considering to sue the broker.

Haydale's share price continued to slide, and today the price is about 122 pence - that's almost a 50% drop since the IPO. Today Haydale announced that it has "no current intention" of pursuing any legal action against its broker. The company is aware that those rumors may have caused the shares to drop further.

On April 14, Haydale went public last week and raised £6.6 ($11 million). Now it is reported that Haydale is considering to sue its broker (Hume Capital Securities) after it "temporarily" dropped all of its market-making activities on IPO day.

At the open of the trading session on that day was 225 pence per share. Since the IPO the shares dropped over 28% (to 160 pence). On the first trading day the share dropped 15%.

Haydale successfully went public last week, raising £6.6 ($11 million). The market value was £23.6 million (almost $40 million), but shares dropped (by 15%) in the following days and the company is now worth £20 million.

Haydale is developing and marketing carbon materials under the HDPlas brand. The company currently focuses on graphene, CNTs and zinc nanomaterials. The company also developed metal-free graphene-based inks. In October 2013 we posted an article explaining Haydale's business and technology. Haydale revealed that for the year ended in June 2013, the revenues were $153,000 while the operating loss was $1.8 million.

Graphene Laboratories and HayDale signed a non-exclusive agreement that brings HayDale's HDPlas range of graphene materials to Graphene Lab's Graphene Supermarket web site.

HayDale's materials will be marketed by Graphene labs in the US, Canada and Russia. This agreement marks Haydale’s intent in increasing its presence in the US R&D market.

Last month we reported that UK's Haydale is planning to raise £10 million (about $16.6 million) via an IPO on the UK's AIM sometimes in April. Yesterday the company officially announced its intention to float on the AIM on April 14.

Haydale intends to use the money they will raise to expand and broaden engineering, production, technical and business development teams to support product development. Earlier reports suggested that the market value of the company will probably be in the low £30 million range ($50 million).