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
$1.40 |
Change
-0.025(1.76%) |
Mkt cap ! $269.1M | |||
| Open | High | Low | Value | Volume |
| $1.42 | $1.47 | $1.36 | $1.317M | 944.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 400 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.41 | 4645 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| EOS (ASX) Chart |