Member Info for Seeing-2020

Mr Ryan, gur amaith agat

AC, no thats cheating

if they don't want to be a penny stock then I have a solution

First post of this thread

"1) The guaranteed news
- TR1 for the 10% "well known US investor", this has to land this coming week, shares are admitted on 28th.
- The final results, Monday 2nd Nov, we know the headlines from the Trading Update on 3rd Aug"

So TR1 lands tomorrow we are on track

AC, by all means express an alternative opinion, but not an alternative fact, the US investor paid a premium not a discount

"372,000,000 new ordinary shares of no par value each (the "New Ordinary Shares") to a well known US institutional investor, at a price of 4.10 pence per New Ordinary Share, raising gross proceeds of approximately US$20 million (the "Placing"). The Placing was introduced and arranged by Stifel, and was conducted at a modest premium."

Shrey, the broker notes are on the website, that would be a good place to start

https://www.seeingmachines.com/investors/analyst-research/

The much harder thing to work out is the license deals as they aren't in any forecast.

All we know is some mention years ago about A$125k per unit for ffs for Aviation, but no real clue what that means for a license deal with L3harris, apart from lots of upside

Shrey,

Auto i would use an average of A$10 and you won't be far out.

Shrey,

What element of SM pricing?

Lost, this extract from the RNS suggests they would need to buy in the open market

Paul McGlone, CEO of Seeing Machines, comment: "This strategic placement is the first success in our strategy to attract new US-based support for the company and I believe this transaction will generate additional significant on market interest from more US-based growth-focused technology investors.

I found my Seeing Machines cap a little uncomfortable to start with but now its worn in it gets an airing everyday.

I am going for one not on the list - Ark Invest

A day closer to the "well known US invesor" reveal and we are up 7%.

Who is it I wonder ?

Interesting prudent prediction

Seeing, looks like we share a name, how delightful.

FCA = Ford Capri America

Just because we have been disappointed with the sp action in the past doesn't mean thats the future also.

Lewbo might need a larger nautical vessel

R Frost, yes Ark Invest are very transparent, that would come Wed I guess when shares are admitted.

https://ark-funds.com

They all want to name drop Seeing Machines

Shrey, my choice would be Cathie Wood at Ark Invest.

Look her up very impressive

Shrey, normally I would expect around that date, maybe a day either side

Who would you like it to be ?

Updownwego, in answer to this question "When you say ten bag do you mean X10? E.g. go from 4p to 40p or a 4 X 10 multiple?"

Generally when people talk about a "Ten Bagger" it means 10× the SP so 40p ish in this instance. However in the article he highlights a few shares that whilst included in his 10 bag list have actually increased a lot me.

Ten Bag or 40p+ would be a nice start

Pretty sure we will get the TR1 for the "well kkown US investor this week".

At a guess I would say one other RNS also