Oh deary, Seeing m/c chairman steps down and there is no explanation, - or replacement (a board member steps in-DYOR),
This was ann. at the AGM held in Canbera - that's about as far away as you can get from their AIM-listing, and puts a BIG question-mark over their strategy.

- I would have thought their Market was UK/Eur/US, so that's a GOOD reason for having their meetings in London (where many of their Investors will have access, inc. journalists!).

SP dropped 17% on the News....

EDIT (7Feb2012)- Recent RNS says Canadian Investor is holding 6% - but sp fell today, now 2.75p - not looking good, Eh?
EDIT (8Jn2012)- 15% down, today at 2.13p . . . . Trend/friend?
EDIT (11Dec2014) _ looks like5 Dec14 placing at 5.5p was oversubscribed.( sp today~ 5p7 ).
EDIT (3June2015) - 4p5 isn't exactly good news.
EDIT(21July2015)- sp 5.6 after Rec. in MOS and Co ann. deal with US auto maker to make their driver-alert kit available . . . . may be good idea for HGVs but the Market isn't impressed with deals - only Sales..
EDIT (21Sept2015)--sp 4.5p it's half that at the start of 2014 DYOR - if you include dealing costs, you've probably lost more than 60% - this isn't for me as I understand it's an Australian business, so why no AGMs in London?
EDIT (20Dec2016)-sp ~4.5p - - - Posters obv. like this Co... Just wonder if "driverless cars/lorries" will spook Automotive sales? . . . but new tech could take more than 10years to blow-away drivers' jobs.
EDIT(10Nov2017)-now 5p5 spiked to 6p on collaboration news - far too early for income.... expect fall-back.
EDIT (16Feb2018)-sp 5p looks like a fall-back happened.... now about half-=price compared with previous spike to 10p+ I'm just not sure that "driverless" will blow-away this business, which appear to be a Retro-but-similar. Given that the likes of Uber, and countless others making vehicles, I fear the money is in the "whole-thing" rather than the camera-parts. Time will tell.

Thanks for posting dreamcatcher.

Good luck mitzy, looks good and a happy new year.

And happy new year dc.

Buyers are back today could be the low.

Just had a dabble here.

Good timing the MACD has just turned positive..

Results of Australian and Overseas Offers ("the Offer")

Seeing Machines Limited (AIM:SEE), the AIM-listed technology company with a focus on computer vision based operator monitoring and intervention technology and services, is pleased to announce that it has finalised the Offer and raised £1 million through the issue of 20,000,000 new Ordinary Shares at a price of 5 pence per share to Seeing Machines Share and Depositary Interest holders who were on the record at 28 November 2013. This raising follows an earlier successful raising of £15 million from mainly institutional investors in December 2013.

The Offer to Seeing Machines Share and Depositary Interest holders was oversubscribed by nearly ten times. Because of this, the Directors were compelled to scale back allocations significantly. All underlying Depositary Interest holders who applied for less than 23,486 shares will receive the full number of shares they have applied for. All other qualifying applicants and underlying Depositary Interest holders will receive 23,486 shares*. (*Because the share issue was limited to 20 million, some applicants were allocated one share less than this number.) The Board believes that this was the fairest way to allocate the shares available, particularly in order to allocate the Company's smaller shareholders the same sized parcel of shares as the largest shareholders.

The Company's original plan was to raise up to £15 million in new equity in two tranches over 9-12 months. It was intended that the additional equity would be used to:

a. increase working capital to fund inventory and debtor growth to satisfy increased demand for Seeing Machines DSS systems in the mining and resource sectors,
b. accelerate development of the next generation of DSS technology targeted at the long distance road transport and coach markets,
c. accelerate development of technology targeted at the auto industry, aviation and mobile broadband markets,
d. undertake deeper market research to test the Company's hypothesis on size, price points and optimal distribution to reach these markets,
e. invest in the infrastructure to sell to and support the Company's growing global customer base and its deployment of employees closer to its main markets.

However, the confidence shown by the new investors first and then existing shareholders has allowed the Company to more quickly and certainly confirm its strategic direction without undertaking a delayed two tranche program and positions the Company to implement its plans in the knowledge that it has the capital in place to do so.

Commenting on the results of the Offer, Seeing Machines Chairman, Terry Winters said: "I am delighted to announce that the offer made to existing shareholders has been well received and oversubscribed. Together with the £15 million raised from new and existing shareholders in December 2013, Seeing Machines is now well placed to accelerate growth of its mining business through the Caterpillar alliance and enter new attractive markets from which demand is already being received. The shareholder interest in this issue reflects the excellent progress the Company has made in the last year."

Application has been made for the Offer shares to be admitted to trading on AIM and admission is expected to take place on or about 28 February 2014. It is also expected that Computershare will mail notifications and refund the balance of application moneys by cheque to all applicants on or about 28 February 2014.

Following the admission of the Offer shares, the Company will have 822,226,253 Ordinary shares on issue, all of which will carry voting rights. This figure may be used by shareholders of the Company as the denominator for calculations by which they will determine if they are required to notify their interest in, or change their interest in, the ordinary share capital of the Company.

Offer oversubscribed 10 times and applicants 43% of minimum.

Not surprising at that discount...

RESULTS FOR THE SIX MONTHS TO 31 DECEMBER 2013

Highlights:

· Total Revenue for the half year increased 17% to A$6,689,766 (2012: A$5,693,634);
· Increase in gross profit of 15% to A$3,322,935 (2012: A$2,887,500) due primarily to growth in DSS sales;
· Net loss increased by A$526,984 to A$844,903 (2012: loss of A$317,919). The loss was a result of tight cash flow ahead of the December capital raising which prevented the Company from paying for inventory that would otherwise have shipped in the first half;
· Cash at 31 December 2013 increased to A$26,449,133 (30 June 2013: A$835,001) mainly as a result of the capital raising of A$26,169,417 completed in December 2013;
· Order backlog at 31 December 2013 of over A$2,200,000 helping to secure future revenues;
· DSS revenues increased by 17% to A$4,311,755 (2012: A$3,699,553) with significant new business growth derived from North America and South America.

Big faller this morning on the news.

Buyers back today maybe this is the low.

RNS out today a Director has bought.

New Contract Win

Seeing Machines' Operator Safety Division announces further rollout of DSS with BHP Iron Ore

Canberra, Australia, 24 March 2014 - Seeing Machines (AIM: SEE) announces today that its Operator Safety Division has received purchase orders from BHP Billiton Iron Ore (ASX: BHP) for an additional 86 DSS (Driver Safety Systems) fatigue and distraction monitoring systems. The systems will be installed across BHP's Pilbara mine sites in Western Australia.

BHP Iron Ore will install the additional units across its Pilbara fleet of haul trucks and water carts. Following installation, BHP Iron Ore will have over 250 vehicles operating with DSS at their Mining Area C, Mt Whaleback, Eastern Ridge, Yandi, and Jimblebar Operations; making it one of the largest DSS fleets worldwide. The total value of this deployment is over AUD$1,400,000.

New Supplier

Seeing Machines ramps-up production with In-Tech Electronics

Canberra, Australia, 9 April 2014 - Seeing Machines Limited, the AIM-listed (AIM: SEE) technology company pioneering computer-vision based operator monitoring and intervention technology products and services, announces its appointment of In-Tech Electronics Ltd ("In-Tech"), a manufacturer of high-end electronic equipment headquartered in Hong Kong, to scale-up production of the Company's Driver Safety System (DSS).

The manufacturing agreement with In-Tech, initially for 3 years, will ensure that the Company is able to meet the current and future increased demand anticipated from Seeing Machines' customers and as a result of the Company's alliance with Caterpillar Global. Working with In-Tech will allow the Company to reduce its manufacturing and logistics costs and to reduce production lead times.

Appointment of Non-Executive Director

Seeing Machines Limited (AIM: SEE), the AIM-listed technology company with a focus on computer vision based operator monitoring and intervention technology and services, is pleased to announce that Mr James Allan (Jim) Walker, 61, will join the Board as a Non-executive Director with effect from 19 May 2014.

Jim has worked with Equipment Dealers supplying Construction, Agriculture, Mining, Government and Marine industries for 44 years, starting as an apprentice diesel/heavy equipment fitter in Australia with Hastings Deering, the Caterpillar dealer for Queensland, Northern Territory, plus Papua New Guinea and Solomon Islands.

In 2000 Jim was appointed Managing Director of WesTrac, the Caterpillar dealer for Western Australia. Subsequently, Jim became Chief Executive Officer for WesTrac Pty Ltd, which has Caterpillar dealerships in Western Australia, New South Wales, Australian Capital Territory and North East China. Jim retired from WesTrac in late 2013.

Jim is a member of the Australian Institute of Company Directors (AICD) and also the Australian Institute of Management (AIM WA), where he held the position of President WA (2008 - 2010) and National President - Australia (2010 - 2013).

Nice move up this morning.

Trying to hold above the 200ma.

Industry Sector Roadmap

"Nice move down this morning" shorters would say

not a holder of the stock but not looking good at the moment, is on a downtrend unless bounces at 5.13