EOS 1.63% $1.82 electro optic systems holdings limited

Ann: Share Purchase Plan, page-28

  1. 60 Posts.
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    It could go down under $0.5 or even lower.
    EOS clearly is facing a cash flow crisis. The bad cash flow position would also hesitating or holding back on potential new orders. The bad cycle can only breaks if EOS wins a big major contract which is the land 400 phase 3. If EOS lose this opportunity, would easily see the SP steep fall in price to $0.3 -$0.5
    Only by that time the management board would stop dreaming and come back to reality to talk real business.
    It would be a good buy when its below $0.5, just be patient, wouldn’t take long to get there.
 
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