Nanovue down 20%, possibly worse to come.


Technology company Nanovue Limited sputtered into life on the ASX today, as securities began changing hands around 1pm.

Nanovue provides a range of 3D mobile technologies, most notably a screen protector that enables 3D imaging functionality on smart phones. Investors were always going to be cautious of such a niche product, that is yet to gain appreciable take up in the market with prices currently sitting at 16 cents vs the 20 cent float price. Worse still, current bids are sitting at only 12.5c.

As a potential market disruptor, there’s potential for things to look very different moving forward, but early investors will likely need to be patient to see any gains from this one.