RE: Back in the Mix13 Jul 2019 13:10
Yes, Mix's customer base is the key here. If SEE can secure high volume orders then we're off to the races. It would assist in various countries if they mandated DMS in all public delivery vehicles. If these large companies believe mandatory DMS is a possibility in the future they may now begin the process of preparing for such an eventuality
I wonder if the reason MIX is offering Guardian now is due to feedback from their customers that they would be prepared to install it. I doubt Mix would offer it if they thought it a non-starter
And then look at SEE's customer base. That alone is its own recommendation. That SEE's tech. has been installed with Caterpillar, GM etc etc is superb.
SEE's not a start-up. SEE's got its tech working in the real world, performing and doing what it's meant to do. We have the data. MIX clients will look at all of that and feel confident that Guardian would be a useful addition to their fleet operations and cost effective in terms of reduced insurance premiums
The placing was a hefty wad of cash. Yes, the dilution was also hefty but I believe the reason for the placing was to have the capital available to finance secure expansion they know is coming and indeed planned for
the placing was a harbinger and points in the direction of expansion and commercial activity across all areas of SEE's offering