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You can usually ignore the unwinding trade.

The question remains TopCatz where that 5-10 mill goes. How much goes into Cliff's back pocket and how much goes to fill LUCY's massive cash burn.

I would like to see share buybacks. Squeeze this stock higher.

NelsontheDog, a lot of the problems you outlined arise from TEKs misconceived investment in LUCY. Giving a plumb job to a family member has damaged credibility and a lack of clarity how TEK handles the situation with LUCY going forward.

Cliff is poor at raising finance generally speaking. It is a chicken and the egg thing. Can't have financing without confidence and can't have confidence without financing.

Cliff has done well at conceiving Guident and Microsalt and to an extent BELL so perhaps there is still a role in the company in that aspect of the business. After all, he does know the university IP very well and what is available to TEK for future projects.

TEK is not a normal business and you can't just bring any old manager in to be CEO.

Yes, that is my big thing. Cliff and the boards incentives should be much more aligned with shareholders. As it is, the Gross family have done very well out of TEK without ever delivering anything.

Gross Junior may lack the skill/experience to be a CEO but on the other hand from a LUCY shareholder point of view, having him in place greatly increases the likelihood that TEK will bail them out.

I think the picture is pretty clear. SALT up 50% in a week. BELL up 66% in a week. Guident going from strength to strength and about to given a handsome valuation. Yet LUCY which is already worth next to nothing to TEK falls. TEK doesn't move.

Where are the TEK management? They need to actually do something for once.

If Gross isn't embarrassed then the board should be. They need to provide clarity on certain issues.

Hi BillFromBristol, one avenue is what Guident are doing and doing a private funding round.

Gross senior paid himself £500k last year and Gross junior $291k. That is a lot for a small company with a small market cap to absorb.

"we anticipate further reducing our unit costs by focusing only on the highest volume, market-tested styles."

Offering so many styles is probably not the smartest thing when starting out...

I think this was written on Friday so a bit old. Also, it has been so frequently covered in UK investor magazine, that i doubt there is any readers who aren't aware of TEK by now.

On this idea of loading up on LUCY i note this guy didn't mention the £6 million cash burn. It looks like a value trap to me. To my mind LUCY is a main reason why TEK trades at such a discount to NAV. Myself and other investors are concerned that TEK will throw increasingly more money down a LUCY black hole.

Harold Braun has agreed to do a Revive only interview coming soon.

On the disconnect between TEK and the sum of the parts valuation, while i agree to some extent there are some reasons for this which need more attention.

I am not sure whether LUCY should be seen as an asset and a liability. They had a £6 million cash burn last year, and there access to alternative funding is extremely limited. Is Cliff going to extend TEKs gains to bail out his son?

Cliff's bonus. There are added costs in TEK such as Cliff's outsized pay packet which need to be deducted.

Cliff needs to make an appearance and provide clarity on the undervaluation and answer some important questions that investors have.

Or perhaps they could sell down some of the Microsalt stake and provide further funds for LUCY?

Last year the earnings report was released towards the end of May. In prior years it was always by the first week of May.

Guident NAV in TEK's mid 2023 report was $20 million. So given the strong trajectory since then i would guess something north of that now. Perhaps £20-25million. Fact that they are doing a private funding round now suggests they are confident that they can sell it.

Hi LordMakeAlot, i don't disagree with you for the most part. I would point out though that Microsalt already has 5 big multinational orders.

Well MrOzzy, there are more than 4 that i have filtered. There are plenty of them on this message board.

Guident may end up being the best of the 4. Looks like LUCY may collapse soon. Wouldn't mind if it did and then we could stop worrying about it being a drain on resources.

At market cap of $3.2 million perhaps a LUCY takeover would be a viable outcome here.

Quite a lot of buzz overnight about Tesla's robotaxi. Should be good for Guident.