I held at much higher level. Guessing the CFO email address, emailed asking if I could drop in to see them. Like you, nothing; so assumed I'd guessed the email wrongly. Then about a month later, received a read receipt, but no response.
Yeah, it's a shame really. I got the same, buchanan comms got in the way. They need to stop wasting money on advisors and engage with private investors. From the presentations the ceo looked a decent guy, but I don't have a clue what's going on behind the scenes, I fear the ceo wants to take it back private.
Quite interesting to see the share price antics yesterday...... The mention of Musk.
I asked them a question on an IMC presentation, which they didn't answer. And that was what I really wanted to speak to them about :
Their big idea was to go from being a design bureau to a supplier - designing, contracting with TSMC and supplying. But why on earth would someone like Mercedes (who I believe have been a customer) want such an arrangement? Regardless of what role the ASIC plays in the car, it's a bespoke component and should supply be interrupted, the production line grinds to a halt. You can't sell cars where, for example, the windows won't go up & down because the chip is missing.......
So why the hell would Mercedes want to deal with an outfit who can't even pay its employees? Except, possibly, as a contract designer.
I'm sure the contract would include provision for direct sourcing in the event of Sondrel going bust. But why would Mercedes want the hassle?
And, for all Sondrel's talk of £100m contracts, what's the margin on the supplying bit??
Hi Andy, I think that's what they are trying to do, provide the A to Z service but they're not doing themselves any favours rns-ing that they can't pay the wages. Anyone can read those: competition, partners, potential customers !!
I held at much higher level. Guessing the CFO email address, emailed asking if I could drop in to see them. Like you, nothing; so assumed I'd guessed the email wrongly. Then about a month later, received a read receipt, but no response.
So I sold......
Yeah, it's a shame really. I got the same, buchanan comms got in the way. They need to stop wasting money on advisors and engage with private investors. From the presentations the ceo looked a decent guy, but I don't have a clue what's going on behind the scenes, I fear the ceo wants to take it back private.
I'd already had the non-response from Buchanan - 1st time their answer was not what I'd asked. 2nd time, zero response. So I emailed the Co direct
Quite interesting to see the share price antics yesterday...... The mention of Musk.
I asked them a question on an IMC presentation, which they didn't answer. And that was what I really wanted to speak to them about :
Their big idea was to go from being a design bureau to a supplier - designing, contracting with TSMC and supplying. But why on earth would someone like Mercedes (who I believe have been a customer) want such an arrangement? Regardless of what role the ASIC plays in the car, it's a bespoke component and should supply be interrupted, the production line grinds to a halt. You can't sell cars where, for example, the windows won't go up & down because the chip is missing.......
So why the hell would Mercedes want to deal with an outfit who can't even pay its employees? Except, possibly, as a contract designer.
I'm sure the contract would include provision for direct sourcing in the event of Sondrel going bust. But why would Mercedes want the hassle?
And, for all Sondrel's talk of £100m contracts, what's the margin on the supplying bit??
I'll pop this on ADVFN to liven things up....
Hi Andy, I think that's what they are trying to do, provide the A to Z service but they're not doing themselves any favours rns-ing that they can't pay the wages. Anyone can read those: competition, partners, potential customers !!