EOS 2.98% $1.56 electro optic systems holdings limited

Ann: EOS to Undertake Strategic Review, page-12

  1. 2,167 Posts.
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    A strategic review is necessary to adapt with current financial situation. It's like a pay review with the higher living costs.

    1. To announce a share buyback to improve shareholders value
    2. To offer options to institutional investors with maturity dates
    3. To allocate capitals to growth areas in Spacelink and Defense departments
    4. To seek fundings from banks

    The company said It sees brighter prospect in a near future and It's clear that the company is having something to show the bank because It's a good time to negotiate a contract price in light of higher inflation.

    Just wait and see
    Last edited by equityma: 17/03/22
 
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