“EOS continues to produce and deliver against this contract and anticipates further cash receipts of over $100 million from this business in H2 2021.”
So, where is the medium term risk of a capital raise? Isn’t speculation of a raise the reason behind the large short position?
And as a reminder:
“The growth outlook for the company is exceptionally strong as it is facing what Dr Greene described as a “demand tsunami on the horizon”.”
And guidance reiterated:
-Order backlog of executed orders at 27 May was $428 million in revenue terms, and $535 million in cash flow.
-Cash receipts are expected to be strong as contract assets convert to cash, in a reversal of 2020 cash deployment.
Cheers
“EOS continues to produce and deliver against this contract and...
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Last
$1.65 |
Change
0.055(3.45%) |
Mkt cap ! $318.3M | |||
| Open | High | Low | Value | Volume |
| $1.60 | $1.66 | $1.56 | $930.5K | 578.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2066 | $1.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.67 | 3814 | 3 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$1.66 |
Change
0.055 ( 4.72 %) |
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| Open | High | Low | Volume | ||
| $1.58 | $1.66 | $1.56 | 69456 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| EOS (ASX) Chart |