Possibly irrational?!21 Jun 2020 22:22
Watched Mike Lenne's proactive for the one millionth tie earlier and something stuck out that obviously has stuck out before but I decided to not give it too much thought, but today for some reason I have! It is when he says the technology will hit the automotive industry in 5-10 years! Now this was one year ago, so if we are some 4 years away from the automotive industry really taking off then we have some way to go and this hype at present may be too optimistic!? The massive cost cutting exercise is interesting and is making me think that they are throwing the kitchen sink at a restructure to give them the chance to get to that place when all the revenues roll in?!