Before people get too worred about the cashflow make sure you read the following:
"In line with previously released guidance that EOS would increase production for contracts already executed, inventory has been significantly increased during the quarter. This increase will continue through Q1 2020 before running down in Q3 2020 as the company converts inventory to revenue and cash in accordance with the achievement of milestones in the contracts."
They are making money but immediately putting that and other funds straight into inventory build up in a significant way.
This will be reflected in the balance sheet in the financial statements.
Before people get too worred about the cashflow make sure you...
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Last
$1.21 |
Change
-0.035(2.82%) |
Mkt cap ! $232.5M | |||
| Open | High | Low | Value | Volume |
| $1.23 | $1.24 | $1.17 | $1.015M | 840.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4166 | $1.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.23 | 4640 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| EOS (ASX) Chart |