Not sure but - possibly - traders and/or holders of both EOS & DRO may have reallocated some of their investment today to take advantage of the sp in DRO trading below the issue price and expecting a faster appreciation thereof (?)
Some may think - erroneously IMO - that a CR is due here's well?
Another possibility is that related to the ASX sector leader -DRO- dropping 16%+ on the day and affecting the whole sector including EOS (?)
EOS today volumes and percentage of sp change aren't that large to be a cause of concern - IMO- that's why I put it out there as an hypothesis.
A slow appreciation with retracing days is a good thing: 'slow and steady wins the race'.
Ann: EOS announces new $9m contract to develop Space Capabilities, page-20
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Last
$1.36 |
Change
-0.025(1.81%) |
Mkt cap ! $261.4M | |||
| Open | High | Low | Value | Volume |
| $1.38 | $1.44 | $1.35 | $546.3K | 396.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8962 | $1.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.36 | 32283 | 1 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| EOS (ASX) Chart |