EOS electro optic systems holdings limited

Ann: EOS Secures Contract (approximately A$51m) to Supply RWS, page-11

  1. 2,486 Posts.
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    The spectrum was a use it or lose it and so they have lost it as we are way beyond the in service date.

    Hopefully no need for a cap raise as we have a large contract asset sitting on the books. If they do one it would not be a good look particularly as management have expressed some confidence they can meet the repayment schedule based on cash collection from customers on existing stock.
 
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Last
$3.16
Change
-0.160(4.82%)
Mkt cap ! $609.7M
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