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$20B would be ideal considering last year's offer of $400m
I doubt whether we will remain independent for long enough for dividends to be considered but should we eliminate our accumulated losses & be in a position to pay dividends I too would prefer but backs to increase our stakes but in reality I doubt whether will remain independent that long -the most important thing being that we are sons ,eventually ,for a very fair price which fully reflects very substantial potential
I’ll be happy with a dividend when the share price is north of £1. Until then I just want to watch it rise as contracts are announced, targets are raised and profit rolls in.
Am excited about the next two weeks, genuinely think it could push on big time.
If the SP remains in undervalued territory once cash is rolling in, a share buyback would be a better play to reward investors and drive the SP further north
If the SP remains in undervalued territory once cash is rolling in, a share buyback would be a better play to reward investors and drive the SP further north
There are many countries out there (Japan being one), where dividends aren't particularly used as a reward tool for investors. I've no idea whether this is the same with Aussie companies, (we have been told that their directors don't really do skin-in-the-game), but if it is similar to Japan, then I wouldn't bank on any future dividends.
Lost the exact quote is "if someone made an offer of $20bn major investors may listen"
Just my opinion but I don't think the major investors would accept such a lowball offer, it may be a starting point for ongoing negotiations perhaps.
Raising funding via Nasdaq is one thing but if they are selling this then they can only sell it once.
Colin talked at length about the comparison with ARM, I believe their takeover talks with Nvidia are more in the $40bn range.
My view is don't sell, we become a cash cow very quickly with royalties from QC, Omni etc and very little cost, we will eat into the retained losses very quickly once high volume comes in a few years.
Thanks to all for the comments. I was thinking about the CB comment and IHT planning in terms of gifts from Income.
Just specifically on dividends.
Companies cannot pay dividends until they have accumulated profits in their balance sheet.
At the moment (6 mth ended 31/03) the Accumulated losses are Aus$201k with more to come over the next 6 months/year in the absence of some financial windfall.
So Seeing machines have to make profits of at least Aus$201k to get eliminate the accumulated losses.
They will then have to make sufficient further profits before any thought of dividends.
Given all the variables I would not speculate when that might happen. Others may.
He did say at least similar to mobileye take out price which was 15 billion, but we do need to get those RNS flowing and build our future revenue stream for this.
I’ll drink to that £2 share price !!
Step one, as Paul said recently is win our "fair share' of RFQ in next 12 months. Then it seems a few options in play
A) a listing on Nasdaq
B) a cheap takeover, Colin speculated as lowball as $20bn
If we remain a PLC i suspect we get the growth and the dividend, maybe around 5% per annum
Or todays sp
Totally agree soulboy, we are a tech company and we should look at exponential growth not dividends. If you need a regular income keep selling a few.
If I was running the company I certainly wouldn’t be looking at a dividend until we were in profit and generating a positive cash flow to more than sustain working capital and other investment needed in the business. As a shareholder and understanding we are really only just coming out of ‘start up’ phase I’m more interested in total return rather than getting a dividend - certainly over the next 3-4 years - I’d rather the SP goes up exponentially than put the business at risk by paying a dividend too early. Let’s hope we stay independent long enough for that to happen !!
Assuming CB is correct and big tech companies buy the licence rather than the company and that SEE have a strong inflow of cash, when would they start paying a dividend ( in terms of profit)? If so, any thoughts on how much it could be.