EOS 2.08% $1.47 electro optic systems holdings limited

Ann: Successful A$15 million placement and launch of SPP, page-21

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  1. 4,880 Posts.
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    personally I think it's just a timing issue , payments are lumpy coming from different contracts/countries and they are dealing with governments that are their customers.
    all governments are hopeless and red tape slows down everything, can't imagine institutions putting in 15mill if they thought it was going down the tube
    first to admit the bod has over promised and under delivered but I think they will be fine medium to long term and the next few weeks will represent a good buying opportunity for those with patience.
    happy to be sledged for my views
 
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