EOS 2.22% $1.62 electro optic systems holdings limited

aussie technology going offshore, page-4

  1. 13 Posts.
    why would any company, in this current economic climate pay such a premium for this stock????

    1. EOS as st at Dec 07 only has enough cash to last a year
    2. net loss last year of over 20 mill - so not even close to producing a profit.
    3. i also doubt very much that finance would be granted to the said 'takeover' company given the asset they would be acquiring

 
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