When there was an announcement back in July, EOS was trading at $5.30 then it went up to $7+ and settled. Now after 3 months, it is still hovering around $5 mark after winning $95m worth of contract. I don't think the announcement was priced in at all. It's just that in 2019 the company made a profit whereas this year because of COVID the company is in a loss.
The existing/former/potential investors are disappointed with the current results. Now the company has resumed delivery and we can see a significant difference in the revenue figure this FY. To top it off, they have got ongoing contracts, a new product launches, govt support and so forth.
Four market sensitive announcements in the last couple of weeks. When we see the actual money coming in from the contracts and delivery that will make a big difference.
Nothing can stop EOS in the medium to long term.
Ann: EOS Completes Commonwealth Government Contract Negotiations, page-41
-
- There are more pages in this discussion • 114 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EOS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.55 |
Change
0.075(5.10%) |
Mkt cap ! $298.1M | |||
| Open | High | Low | Value | Volume |
| $1.49 | $1.63 | $1.47 | $4.045M | 2.584M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5076 | $1.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.55 | 5000 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| EOS (ASX) Chart |