IMO this is the biggest breadcrumb management have ever given shareholders.
if there was going to be analyst coverage without any further deals, it could have been added already.
merrill has been on the job for close on 7 weeks. how long would analyst of current ADO take? a day or two at most surely.
so IMO the chance of something happening is pretty strong.
what though ?
we have been told that SIOI executives would visit in MAY. thats gone we had this in the quarterly
in the quarterly we were told that "Meetings were held with Vidcare’s management, including pricing discussions for future volume purchases under a proposed commercial supply agreement."
also told
Several other technical program and commercial discussions progressed over the Quarter, targeting companies with well-established supply chains and client bases in the design and manufacture of Lithium-ion batteries (LiB).2
"2 Working with EVs, as well as in e-mobility and consumer batteries such as smartphones, laptops, tablets, digital cameras, power tools, drones and remote-control devices."
shareholders were told in the half yearly by Ewen that a couple of deals in advanced battery were close. sounds like they are still in play, but maybe slowed little by management change.
so at least 4 potential deals/ announcements that could be made and would make an analyst coverage an interesting read !!!!
ps. we'll get some advanced battery news from Tuesday onwards with the battery show starting
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