However, the auto spin-off (by providing independent valuation of its IP far in excess of its current market value) will make this eventuality less likely. Certainly, any company then wishing to takeover Seeing Machines will have to pay a significant sum. I personally don’t think US$1bn would be an unrealistic sum to expect at that stage.
Tim, someone asked me recently when I was sitting on a huge loss (2.5p SP) what's my worst fear for SEE. I replied 'it's bought out for 12p a share' that might seem a strange fear when sitting on a huge loss but I had confidence in the company just didn't want the silly SP convincing II'S to bite.
The rising SP helps and when the spinnoff is complete I think that puts the purchase of the company outright to bed.
Having been in this share for over five years delighted that progress has been made in delivering See's solution in a cost effective form, for me that has always been the key. If they really have cracked that, which it sounds like they have, there should be no holding back. Market leaders have consistently said that it is the best technology on the market and trials consistently reference a 70% plus decrease in distraction events. Does anyone remember the comments from Samsung? I think… Read More
Dt, I agree about the 'life changing' share, I intend to hold until it gets to life changing level.
Like many I have been here a longtime, and the research shared on here has been a useful crutch over that time.
What makes me feel confident is, I am in the blue and based on the research on here we are still waiting on large chunks of news. If most of this lands pre Xmas we should be well into double figure SP.
1) Dubai, 1,500 units of the fleet product with Dubai rta.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.