EOS 4.77% $1.55 electro optic systems holdings limited

Ann: Ceasing to be a substantial holder, page-3

  1. 162 Posts.
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    I've held EOS previously and am looking to get back in.

    Might Industry Super's ceasing to be a substantial shareholder due to ethical investing requirements?

    There has been a bit of concerning news out of the UK and US today regarding potential arms sales bans to Saudi Arabia. See here:

    https://www.bbc.com/news/world-us-canada-48709815

    https://www.theguardian.com/law/2019/jun/20/uk-arms-sales-to-saudi-arabia-for-use-in-yemen-declared-unlawful

    From memory there were a few ABC news reports suggesting EOS supply Saudi Arabia and I'm wondering what the forum thinks about possible Australian limits on EOS weapon supply to the Saudis (via actions in the courts or a contagion effect of sorts)?

    Or, could events in the US and UK potentially lead to an opportunity to fill a void in supply?

    Cheers
 
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