"management just have no idea how to actually carry on this type of company" – I think you need to unpack this statement for us a bit more.
When I invested in EOS there were two major divisions:
- A profitable commercial defence division producing cash
- A space research division consuming the cash produced by the first division
Since that time the company has developed a critically important strategic product – ground/space laser communications using adaptive optics – and have folded that product into a new commercial venture of global scale extending from ground level to MEO. They have acquired a massive slab of the ground/space RF communications spectrum, an established profitable ground/space RF communications business with a range of successful products, and all without having to continually tap the market (i.e. you) for insane levels of funding!
I don't like what the share price is doing at the moment, but I think it's a mistake to confuse how management is running the company with how management is running the share price. They're different things.
I tend to agree with @van der Meijde that the share price is near its lows, and averaged up with a moderate parcel at $3.33 a couple of days ago.
- Forums
- ASX - By Stock
- EOS
- Ann: Significant Cash Receipt and Updates on Guidance and Funding
Ann: Significant Cash Receipt and Updates on Guidance and Funding, page-58
-
-
- There are more pages in this discussion • 155 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EOS (ASX) to my watchlist
|
|||||
Last
$1.52 |
Change
0.005(0.33%) |
Mkt cap ! $292.3M |
Open | High | Low | Value | Volume |
$1.53 | $1.54 | $1.48 | $892.7K | 595.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4788 | $1.52 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.53 | 9974 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4788 | 1.515 |
1 | 5000 | 1.470 |
1 | 10000 | 1.465 |
3 | 12685 | 1.460 |
3 | 21894 | 1.450 |
Price($) | Vol. | No. |
---|---|---|
1.525 | 9974 | 1 |
1.530 | 240 | 1 |
1.550 | 10752 | 1 |
1.570 | 3588 | 1 |
1.590 | 5000 | 1 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
EOS (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online