EOS 4.33% $1.63 electro optic systems holdings limited

Another announcement full of spin and no substance - perfect for...

  1. 116 Posts.
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    Another announcement full of spin and no substance - perfect for the rampers! How could you possibly place a reasonable estimate of 'value' on that announcement? They literally have not announced even a dollar of incremental, contracted revenue - just the opportunity to commence discussions based on a new product.

    I actually really like this company, and believe in the longer term prospects given strong defence and national capability tailwinds, though consistently playing to the ramp crowd frustrates me.
 
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