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There are investors waiting on a retrace, not sure it’s gonna happen, hopefully we will be testing 12p again soon. A wee bit news would be amazing.
Something has to be sorted with the II's calling up wanting to buy off market. At the moment they are being told to buy on market, but when you've got another fund wanting to pump in another few million, something has to give.
Yes, the sp has to go up to entice more sellers. I reckon they needed the extra 10 m to cover cash burn to break even, hopefully that’s enough cash in the bank now. It’s looking overbought and investors are expecting a retrace, but that doesn’t always happen.
Philtronic "its looking overbought and investors are expecting a retrace" really, any evidence to back up either of those statements?
I am seeing strong buy and some chart experts are predicting 27p minimun price
https://m.investing.com/equities/seeing-machines-technical
Also consider that many funds will not look at any company under 500m. We are nearly there so one little push and there'll be more knocks on the door. Bring breakeven closer and there'll be even more knocks on the door. I'm guessing this will look very different by this time next year?
Philtronic/S20thirty, I think it is time that you changed names again. Seeing2020's Doctor has been misreading your name and had now prescribed him Lithium for his bipolar mood swings
I'm the real slim shady.
I am Tiger Woods, actually no I am not I wouldn't drive a car with lessor performing DMS.
2020 is the year , you heard it here first
Look, the RSI number is 73.16 which indicates overbought and normally thats followed by a retrace, thats fact., so that leads me to think there are investors out there who are waiting for a retrace. I don’t want it to happen believe me and hope that the sp increases to 20p+ cos that means I’m retiring
Nah, don't buy that story, RSI is one indicator and investing.com even show RSI as a "buy"
Plenty of trading experts now out in the cold, they had their good days now its time for the II and the few LTH who will have the liathróidí to see this through to the end game
Charts aren't my thing but yes RSI is only one indicator.
The RSI went over 70 in Dec and stayed over during the big rise, even hitting 90.
Traders will of course be looking for signs but I'm not sure SEE is one to play with as news could land anytime and II's could buy. But people can decide themselves of course.
Our SP is more like to be driven by positive newsflow .Iam surprised that our 2 year contract with RAAF in collaboration with CAE was not considered worth of an RNS ,(referring also to potential expansion of that contract with RAAF & other prospective clients ),or even inclusion on the Aviation section of our website .Positive news could land at any time which would justify our recent price rise & hopefully justify a sustained re rating .There have been many multi bagging shares over the last 12 months or so & there is no reason why we should not continue increasing assuming positive newsflow & ,IMHO,our SP could exceed 20p over the coming months & thereby enabling at least one of our esteemed members to retire early .
Does anyone know when the DMS regulations will be made mandatory in USA? I would expect this news to also to back up the SP in the interim...
“ Does anyone know when the DMS regulations will be made mandatory in USA? I would expect this news to also to back up the SP in the interim...”
There’s no guarantee that they will be made mandatory but assuming the 21st Centuary Smart Cars Act makes it into law then there will be a requirement to establish standards within 2 years of the Act being passed and those standards will be a legal requirement within 4 years.
You can read the act here : https://www.congress.gov/bill/116th-congress/house-bill/6284/text
I haven’t been able to find any records that this has been discussed in the Senate yet but it only took a few weeks to pass in the House of Representatives so hopefully it will get through relatively quickly.