I for one was expecting EOS to become cash-positive in the current financial year. This was based on information previously supplied, and the positive figures historically, which showed this.
I think maybe the announcement that this will not be the case now until later is a big short-term minus for the stock. EOS is very tightly held, so any movement is usually pretty drastic due to lack of liquidity.
The business still looks great to me, looks like it's just going to take a bit longer to achieve. For this reason I do not currently hold EOS. Too many good opportunities in the mining sector atm.
Cheers
good news, page-11
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Last
$1.84 |
Change
0.000(0.00%) |
Mkt cap ! $354.0M | |||
| Open | High | Low | Value | Volume |
| $1.86 | $1.88 | $1.77 | $1.929M | 1.057M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2424 | $1.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.85 | 16618 | 3 |
View Market Depth
| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| EOS (ASX) Chart |