Dear Meow
I disagree.
Northrop took a placement at $4.50 because of the superior space technology alone not the CROWS program.
Despite the setbacks, EOS is a far more developed company than it was 3 years ago.
The relevant price is based on what the purchaser will do with the technology.
A big player with strong political connections and a big marketing base will make an absolute motza out of this technology.
The big military players are well cashed up and financing, if it happens, would be all cash not debt.
Remember, this stock has 38 cents of cash in it plus a substantial inventory. But it is the value of the superior technology which will drive the price.
The big military players know this market not the get rich quick guys who trashed the stock.
Don't allow yourself to be sucked in.
Regards Eos
aussie technology going offshore, page-5
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Last
$1.62 |
Change
0.035(2.22%) |
Mkt cap ! $311.6M | |||
| Open | High | Low | Value | Volume |
| $1.60 | $1.62 | $1.57 | $531.8K | 332.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1638 | $1.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.63 | 15921 | 3 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| EOS (ASX) Chart |