No companies release their 'strategic review' - Its disclosed for the purposes of inviting potential acquirers of the vehicle or assets* to come shopping. It's a white flag following years of disfunction and nothing more.
The only positive is board renewal and CEO gone. Years too late given pending administration.
*Unclear what the 'assets' are in this business relative to the ridiculous hyperbole presented by the company. Note definition of assets implies something that will derive a future benefit (i.e. cashflow / revenue)... something this Company has lacked for a while now.
Ann: EOS to Undertake Strategic Review, page-110
-
- There are more pages in this discussion • 1 more message 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
$1.81 |
Change
0.105(6.16%) |
Mkt cap ! $349.2M | |||
| Open | High | Low | Value | Volume |
| $1.72 | $1.85 | $1.70 | $1.650M | 916.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 60 | $1.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.81 | 27493 | 1 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| EOS (ASX) Chart |