Member Info for shallwe

...or maybe they were sells?

...and the 3 large trades are still showing as sells haha. Bloody useless trading algorithms. They should use SEE to write them, might get accurate results then :)

Its been like this since I logged on just before 7.00am. The mobile site won't work and this desktop site is crawling. So not your fault this time Esc.

Hyms

It would be good to see SEE ramping up the numbers too. That has been the main thing holding back the SP IMHO.

The spread is as tight as a dolphins 4r$e at the moment with being quoted 3.0001p to sell and 3p to buy. So I'm assuming that maybe a good number of the recent sells may actually be buys, although the SP doesn't really support that thought too much :(

My main concern is how the Tier1's (and consequently the OEMs) in the awaited RFQs are going to react to both the Chairman and the CEO going together on the same day? Are they going to think that maybe SEE is a bit dodgy to give any work to?

That's sent the SP tumbling!

Seeing Machines advises that Mr Ken Kroeger, Chief Executive Officer ("CEO") and Executive Director, has resigned as CEO of the Group and will also be stepping down from the Board of Directors ("Board"), effective immediately.

Mr Kroeger was appointed CEO in 2011 and has been pivotal in evolving the Company into a recognised global leader in computer vision, eye-tracking and driver monitoring technology. Seeing Machines is now extremely well placed to capitalise on significant large scale, mass market opportunities in the Automotive and commercial fleet and transport industries.

In communicating his decision, Mr Kroeger has acknowledged that the Company now requires a CEO who can commit, long-term, to the successful delivery of the unique strategic opportunity that Seeing Machines has established.

The Board advises that Mr Paul McGlone will act as CEO on an interim basis.

Since joining the Group in 2018, Mr McGlone has led the Seeing Machines Fleet business while conducting a detailed review of that business's operations. Subsequently, Mr McGlone has formulated and driven meaningful change which is transforming the business and considerably enhancing the outlook for the Fleet division.

Mr Kroeger will remain as a consultant to the Group, to facilitate an orderly transition, until such time as the Board completes the process of appointing a permanent replacement for Mr Kroeger. This process has already begun and is expected to be completed shortly.

Board Leadership Transition

Additionally, the Group also advises that Mr Jack Boyer, OBE. has relinquished his position as Chairman of Seeing Machines Limited, effective immediately. Mr Boyer will remain on the Board of Seeing Machines Limited as a Non-Executive Director and facilitate the transition to a successor.

Mr Boyer has advised that his current and future Directorships and other professional commitments have regrettably placed him in a position where he is no longer able to dedicate the requisite time, travel and energy to his Chairman role at Seeing Machines and has consequently made the difficult decision to step down.

The Board advises that it has elected Ms Kate Hill as Interim Chair to replace Mr Boyer, and she will act in this capacity while the company undertakes a process to identify a permanent new Chair of the Company.

Kate Hill, Interim Chair of Seeing Machines commented:

"Ken has been an integral part of Seeing Machines for more than eight years. On behalf of the board, and personally, I would like to convey our sincere thanks for his enduring dedication and hard work over that time. He will be missed both personally and professionally and we look forward to celebrating his contribution in the remaining time he will spend with the Group.

The board is also delighted that Paul has agreed to act as CEO on an interim basis. Seeing Machines is in the fortunate position of having an executive of

Blimey, didn't see that coming just yet.

100k just went through at 3.23p and pushed the SP to +1.7%.

Still a long way to get to my target of 50p+ :(

I've been offered 3.19p to sell and 3.1868p to buy! Something strange going on. What does your L2 indicate?

ET. I don't think that there is one person on this BB that thinks differently. Keep the faith, I'm convinced it will come good - hopefully.

ET. Maybe you shouldn't be investing in it if it's a 'giant scam'?

To me it's a gamble. Only invest money that you can afford to lose in the hope of making a little or in extremely rare occasions, a lot.

S7. No I don't, but this is AIM where there is no logic, as can be seen from our SP at the moment. The huge dip last year on the fleet RNS did not deserve the fall as far as it went by any stretch of the imagination.

ET also states that he is 'tired of waiting'.......

I'm not sure where to start here......I've been in for over two years now and I'm easily classed as a short term holder by miles.

Baxter. Silly question really. The SP will go down a bit more. Simples.

2019

Beef. I recall that any 'event' that could have a financial effect on a company and its share price should be disclosed to the market via an RNS - good or bad. There are obviously guide lines, but haven't a clue what these are.

I too agree with ET concerning the hypothetical value of the company and therefore the SP. We went through this same exercise 12-18 months ago and look what happened then, a high of 14p and a low of 2.95p.

Although I'm still dreaming that something great is going to happen, and I still have absolute faith in the company itself, all it needs is another bit of bad news and we would be sunk without a trace. The problem is, there's no telling with this company which way it's going to go.

I wonder whether the breakup of the First Group group of companies will have any impact on the fleet side of the business. I suppose it depends on who buys the businesses.

https://www.bbc.co.uk/news/business-48456840