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Seeing Machines – emphasises significant growth and development, though what about a “strong balance sheet, with cash”?

By Steve Moore | Monday 16 October 2023


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


‘Computer vision’ technology business Seeing Machines (SEE) has announced results for its year ended 30th June 2023 headlined “Increasing global regulatory momentum targeting key transport sectors underpins significant growth” and an agreement for development of a fatigue risk management solution using its technology to be taken to the commercial aviation market segment by Collins Aerospace. So what of a current approaching 4% lower share price response to below 5.25p?
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