EOS 1.36% $1.45 electro optic systems holdings limited

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  1. 509 Posts.
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    WHSP is a very good company with a strong, well connected, board. Their investments have always been clever and well thought out. And,yes, I am a happy shareholder.
    It is a definate positive for them to be a major shareholder and ,hopefully, in due course, contribute on the Board.
    However, this financing deal is close to usurios. A desperate effort from an incompetent board.I am disappointed that WHSP would take advantage as, I am sure , they really don't want to take control if there is a default. We really need to see some projections from EOS to quantify this loan, equity give away and how interest will be serviced.
    They have a long history of military and scientific management who come and go. That's got us where we are today.
 
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Last trade - 16.10pm 21/05/2024 (20 minute delay) ?
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