EOS 1.55% $1.59 electro optic systems holdings limited

Not a good quarter by any means. Cash In/ Revenue - $4.02M, but...

  1. 495 Posts.
    lightbulb Created with Sketch. 27
    Not a good quarter by any means.
    Cash In/ Revenue - $4.02M, but cash burn of ($6.8M) - hence net of ($2.76M).
    Had they not raised that $8.075M through share placement, this result would have really killed us SP wise.
    Probably the reason why the SP went from $3.20 to $2.80s - leaky boat perhaps...
 
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