No not crappy, I bought a large chunk in the low $5s... I'm just a frustrated purist - Why announce a 'price sensitive' announcement on a new product, and a meaningless total addressable market statistic? Four contract discussions - how big? Likely impact on the earnings? How much capital has been invested in this new product that we've previously never heard about? How will we assess the return on invested capital from this foray years down the track if this is the quality of the announcements provided.
My view is that this is a fantastic company, with great prospects. I think it's playing to the wrong investor crowd with this kind of announcement. It needs to mature as a business and with a more sophisticated investor base it could easily be >$10 stock, albeit without its existing volatility.
Ann: EOS Releases New Counter Drone Product, page-12
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