I’m not even sure the German boxer will have the EOS RWS installed. They probably put the rheinmettal one on it. Plus 100 RWS units wouldn’t need a 40m upfront investment right now.
if it’s a big order then then they need to announce the order? Plus what about all this talk of upfront cash payments in contract structures to avoid this very thing.
seems to me classic case of board just raising cash after a big rise in the SP? Until we hear otherwise. 110m in cash sitting on balance sheet. This management bloody well needs to show the need to for this cash right now.
Another Capital Raise, page-9
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Last
$1.66 |
Change
0.090(5.73%) |
Mkt cap ! $320.3M | |||
| Open | High | Low | Value | Volume |
| $1.60 | $1.69 | $1.58 | $1.287M | 777.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17952 | $1.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.68 | 19630 | 2 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| EOS (ASX) Chart |