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I dunno how you believe anything SEE says anymore.
One minute they are funded to profitability, the next they need money to strengthen the balance sheet and working capital.
Have things not gone as well as they thought they would or what?????
HZD is illiquid so the price is volatile.
I agree, strange trades of late...
There are some brokers that allow such small trades without commission. You pay a monthly fee...
To me SEE is a lifestyle company....There purely to line the pockets of the BODS, no one else....
SEE has treated its shareholders with utter contempt over the last 16 months.
Why you expect that to change i don't know.
They have no real income and have to rely on yearly dilutive fundraises to operate.
Doesn't help that Thatcham research are lobbying the UK government to delay self driving cars either
They'll be lobbying Europe next!
All in all it doesn't look great here.
So glad i sold the mrs' remaining shares at 4.8p!
BAIL while you can!!!! Results are gonna be dire!!!!!!!
https://www.theguardian.com/uk-news/2020/oct/23/uk-insurers-warn-against-go-ahead-for-self-driving-cars-on-motorways
No wonder why SEE need a fundraise.....
Looks like this tech is gonna be delayed