If the preferred bidder contracts get turned into orders, will the Company then have to raise another$50m to deposit in cash to secure performance bonds?
“This placement will allow EOS to forge ahead with the execution of all its current contracts and provides a stronger capital base for further expansion to meet growing demand.
the above only talks about current contracts- what about future contracts?
The company should clarify this.
Ann: Oversubscribed placement raises $60m plus SPP of $5m, page-9
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Last
$1.70 |
Change
-0.055(3.13%) |
Mkt cap ! $327.0M | |||
| Open | High | Low | Value | Volume |
| $1.76 | $1.76 | $1.67 | $588.0K | 345.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 90 | $1.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.71 | 2000 | 1 |
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| Last trade - 14.51pm 19/08/2024 (20 minute delay) ? |
| EOS (ASX) Chart |