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.

My concern with any "New Tech" is what is their "Barrier to entry" - for without that they are only as good as their last Order (= profit).... and I don't see much reward going to Shareholders . . . at least with Biotech there is the "Trials" and Patents which they may be able to protect if they are rich enough.... But cameras and software can be replicated very easily and why would any car-manufacturer want to pay for something their wiz-kids can cobble together to add to the "Features-list".
Getting Orders/Contracts is good in the short-term, but I worry that this business is slowly withering.... Look at the spikey-sp which appears to be drifting South, - after Earlier strong-interest generated by the company.
+ I added this to "earlier list" - here is Feb-2018....
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...

Result of Offer and Total Voting Rights


16 January 2018


Seeing Machines Limited (AIM: SEE) ("Seeing Machines" or the "Company"), an industry leader in computer vision technologies which enable machines to see, understand and assist people, is pleased to announce that further to the announcement made on 5 December 2017, the Offer was significantly oversubscribed by nearly five times with valid acceptances having been received in respect of 236,832,787 Ordinary Shares.


Qualifying Participants have been scaled back proportionately to their applications, resulting in gross proceeds to be received under the Offer of £2.40 million (approximately AUD 4.16 million), through the issue of 48,000,000 new Ordinary Shares (the "Offer Shares") at a price of 5 pence per Offer Share. The Offer follows the earlier successful fundraising of £35 million.


Application has been made for the Offer Shares to be admitted to trading on AIM and admission is expected to occur on 17 January 2018 ("Admission"). Following Admission, the total issued share capital of the Company will be 2,240,438,973 Ordinary Shares with no Ordinary Shares held in treasury. Therefore, the total number of voting rights in the Company post Admission will be 2,240,438,973 and this figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in Seeing Machines.


Capitalised terms not otherwise defined in this announcement shall have the same meaning ascribed to such terms in the announcement entitled "Successful Placing and Subscriptions to raise £35m" released on 5 December 2017, unless the context requires otherwise. 1 GBP:1.73 AUD.


Mike McAuliffe, CEO commented: "We are very pleased by this overwhelming demand in the Seeing Machines public offer, building on the recent over-subscribed £35 million institutional offer. We are gratified in the confidence placed in us by our existing and many new shareholders who see the significant market opportunity for the Company and more importantly the capability and progress of the Company towards realising these opportunities. We are fully committed to achieving these growth goals for all stakeholders and shareholders."

Just me left here?

Another look over 7p?

I'm still in from a while back and nearly at break-even now.
Fingers crossed Skinny.

Directorate Change

Seeing Machines Limited (AIM: SEE) ("Seeing Machines" or the "Company"), an industry leader in computer vision technologies which enable machines to see, understand and assist people, regrets to announce that CEO Mike McAuliffe is leaving the Company.

The Board wishes to thank Mike for his significant contributions to Seeing Machines and wish him well.

Executive Chairman Ken Kroeger has now been appointed as interim CEO by the Board until the recruitment of a new CEO is finalised.

Paul Angelatos General Manager and Senior Vice President of Seeing Machines Fleet SEE provides and update on recent news.

(Interview starts at 17 minutes 33 seconds)

8 February 2018

Seeing Machines Limited (AIM: SEE) ("Seeing Machines" or the "Company"), an industry leader in computer vision technologies which enable machines to see, understand and assist people, announces that the Company will be releasing its interim results for the six months ended 31 December 2017 on Monday 12 March 2018.

Analyst Briefing

A briefing for analysts will take place at 8.00am on Monday 12 March 2018 at the offices of finnCap Ltd, 60 New Broad Street, London EC2M 1JJ. Analysts who wish to attend should register by email with Sophie.Nicoll@seeingmachines.com

Investor Presentation and Investor Site Visit

A presentation by the Company to retail investors will take place on Wednesday 14 March 2018 at the offices of finnCap Ltd, 60 New Broad Street, London EC2M 1JJ at 6.00pm (the "Investor Presentation"). To register to attend the Investor Presentation, please email Sophie.Nicoll@seeingmachines.com

In addition, the Company will be showcasing Seeing Machines' Guardian technology at Croydon Tramlink Therapia Lane depot on Thursday 15 March 2018 at 10.00am (the "Investor Site Visit"). Numbers for this event are limited. For further information on the Investor Site Visit and to register to attend, please email Sophie.Nicoll@seeingmachines.com

Half Year Results to 31 December 2017

Automotive Design Award with Premium German OEM

26 April 2018

Seeing Machines Limited (AIM: SEE) ("Seeing Machines" or the "Company"), an industry leader in computer vision technologies which enable machines to see, understand and assist people, is delighted to announce a further program design win with an additional premium German Automotive OEM to deliver its FOVIO driver monitoring technology into new automobile models, planned for mass production from 2021.

Seeing Machines has been selected in conjunction with three major Tier 1 automotive suppliers to deliver the program covering much of the OEM model portfolio.

With an estimated revenue value of A$25M based on initial included models and lifetime volume projections, this program is expected to be classified as a large value program (according to previously provided guidelines). However, volume projections can change materially and, as is typical in automotive industry contracts, there are no guarantees on the level of overall revenues beyond engineering milestone payments. Given Euro NCAP's inclusion of Driver Monitoring Systems (DMS) as a proposed primary safety feature in their "Road Map 2025" from 2020, the Company believes that there is significant potential for the OEM program to grow significantly in revenue through increased DMS feature penetration and volume across all vehicle models.

Seeing Machines' FOVIO driver monitoring platform uses advanced machine vision technology to precisely measure and analyse head pose, eyelid movements and eye-gaze under a full spectrum of demanding lighting conditions, including through sunglasses. This data is processed to deliver real-time information on driver attention state, focus, drowsiness and impairment levels. DMS technology is typically used to enable intelligent ADAS and semi-autonomous driving systems as well as enabling advanced new display, safety and convenience features.

Nick DiFiore, General Manager of Automotive at Seeing Machines, commented: "This further award in Europe is evidence of our technology leadership as we continue to expand our position with premium Automotive OEMs to deliver world-class driver monitoring technology. We are thrilled to be working with an industry leading OEM and look forward to increased opportunities for our Automotive business in general around the world, as we further grow our ecosystem of Tier 1 partners to deliver our FOVIO platform products."

Automotive design win with US OEM for FOVIO chip

Another good day here.

Agreed Skinny. We've waited long enough for this one.

In a technological sweet-spot. With proven, long-term technology the sky could be the limit (safely, and with ongoing monitoring of course).

All time high I believe.

Up nearly 200% in less than 2 months. Can't be bad !

Up where the air is thin.

New SEE feature
SEE on twitter

Board Changes

OEM Design Award

Year end results