I bought EOS some months back on the promise of SpaceLink being spun out and cash from the Middle East coming in ... leading to the market value reflecting what EOS is worth. Sadly that's taking a little longer than I expected, however one of my other stocks re-rated 40% ($250M capitalisation) yesterday because they announced a farm-in agreement for just 7% of one of their businesses (valuing the spun out business at $350M).
So ... I d don't think EOS need a massive investment in SpaceLink, just a credible partner with a small investment at a good multiple, eg: a A$35M investment for 7% equity valuing SpaceLink at A$500 (maybe even with some royalties still flowing back to EOS). A small investment structured like this will likely wake up the market to EOS's potential.
Ann: Half Yearly Report and Accounts, page-54
-
- 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
$1.55 |
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 |