Member Info for Smokey2

Wouldn't touch this share with a bargepole what with all the viscous diatribe occurring when anyone posts a contrary view.

Remember, when you type in SEE and LSE you get pointed to this bb....

Baxter, You know the drop is due to these spiv traders, not SEE failing to deliver anything.

Don't worry though, the rush of US investors will sort it out.

Why would i run for the hills hehehe?

I hope it continues the rise for all of you, but i have a feeling this rally is a bull trap.

Time will tell. GLA

It seems we've ticked up a bit terry.

On what i'm not sure, it seems the 'life changing' contracts have been pushed back by quite a bit.

I thought we were reducing our R&D spend, not increasing it.

We bring in A$14.6M in revenue each year but still manage to make a A$50M loss.

So we burn through A$65M a year.... That's 32 million pounds burn every year, £80,000 cash burn every single flipping day!

How come we are making a loss of 1 million Aussie dollars every week?

What is it being spent on? Does anyone know or not care?

If they want to buy in cheap they should wait a couple of months for when we hit the low 2's

How long is a 'lengthy lead time' if imminent was a year?

“Inevitably, as with any aviation based technology, we anticipate that sales lead times will be lengthy but then, when awarded, contract values will be significant”

So not really imminent.. now changed to lengthy lead time. hmmmmmm

Sorry i meant we are paving the way for a fundraise!

The only thing that's looking imminent is a fundraise at the end of 2020!

Don't ask questions like that Sch you'll get the 'forever optimistic brigade' filtering you.

So with our A$47.3M cash in the bank, and contracts looking to be realised 2021 - 2024 it's looking like the cash will only last till 31st Dec 2020 before we run out of money.

Why cant we reign in the expenditure a bit? A million loss per week isn't great!

Looking like a net loss for the year of A$50M.

What the heck are we spending all this money on? Losing one million Aussie dollars a week?

Fleet is still heading for a target miss come 1st July 2020 Shallwe. It will of-course be blamed on the coronavirus.

SEE reported a Net loss before tax of A$24.9m (H1 2019: loss of A$24.7m)

WTF are they still spending all this money on? Anyone know?

Watch out mrBB you'll get yourself filtered!

I knew i wouldn't get an ounce of sense out of you Lewbo.

No meaningful discussions on SEE, nothing nada, just like our CEO...

The kilometres travelled data on the website creates the impression we are progressing as a company when in-fact if you look at actual fleet installs you would realise we haven't added a single unit in the last 10 weeks.

In my opinion there is no reason to include daily KMS rather than actual fleet numbers apart from obfuscation.

Please enlighten us Lewbo

And yes, i may well be in profit ( a small profit ) but i missed out on a 25 grand profit.

Should of realised it was all based on hype but i got swept along too.