From the AFR, June 22:
“All but a few local hedge funds are betting the stock has further to tumble.”
They do move in herds.
From the juli 23 quarterly cash flow positive report: “EOS also noted the potential for material contract awards (>$1 billion worth) in H2 2021, for which negotiations are currently underway.”
Remember as well:
-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.
“EOS continues to produce and deliver against this contract and anticipates further cash receipts of over $100 million from this business in H2 2021.”
Oh boy, this is getting interesting!
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From the AFR, June 22:“All but a few local hedge funds are...
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