Member Info for Smokey2

They are forecasting a 25% reduction in revenue and taking a 20% reduction in pay for a 20% reduction in working hours.

Hardly doing the company any favours....

I doubt it will prevent another fundraise. It's looking more likely than ever now.

CEO salary reduction of 20% and deferral of any bonus payable for 12 months; - What a joke! He's working a four day week anyway.......How magnanimous.

A bonus for last year's performance???? Are you serious?

Looks like we're left with the chump for another couple of years.

Nice terms either way.

O.K, he needs to meet 2021 and 2022 target to get the lot.

If he meets his 2022 target it will be equivalent to him being awarded all three year target bonuses.

Not equitable indeed!

Maybe the long term shareholders, ever grateful as they all are.... should have a whip round.

Fleet is the only target SEE had and they're not going to meet that. I can't see any more units added since we hit the all time high of 21k in December.

Unless there is the announcement of that 'in the bag' but ever elusive aviation contract, or a major auto announcement this is gonna dive come results day.

Deserve a bonus? Yeah right!

many announcements to come.... As always...

Never really seen an aim stock do well long term.

Always imminent news due. Pump and dump the order of the day.

GL with the aviation news being soon old fool... most of them look to be going bust at the moment.

It's a cost to the economy for sure but we are humans that fortunately regard life as more important than money.

If the world did nothing the virus would ravage all society and the economic costs would be much worse.

Saved from further dilution with 8M Aussie dollars DMS2020?

HAHA you're having a laugh.

SEE burns through £80,000 a day. That 8M will last SEE a month and a half at current burn rate.

Pity no cars are being made/bought though eh.....

What do you mean negotiated deal?

SEE negotiated a payment to be brought forward on an existing contract.

I don't see it as all that positive.

I see it as a dire need for money now....

Numpti

Why was there a need for SEE to bring this payment forward?

They won't put their hands in their pockets but expect the U.S to pile in lol.

Today's announcement wouldn't exclude them from buying as it was an existing customer, just payment brought forward.

Face it, the bods will never buy here....

Face it, SEE is having funding concerns....

Everyone knows fleet is still f****d Esc.

Well the 5M should cover the loss from the badly performing fleet sector.

Good to see PM actually doing something he stated, bringing forward some payments....

I still think we will need a fundraise come Autumn 2020 due to CV related loss of revenue from Auto/Fleet sector.