There is a difference between being "negative" and dispassionately analysing facts. Your response does not address any of the issues I mentioned apart from the glib observation "the space disaster is behind us". As I said, I hope you prove to be right but where is the evidence? The big questions yet to be proven one way or the other are what are the chances EOS can capitalise on the areas it is now focused on. EM Solutions has shown to be the only side of the business which delivers healthy returns on capital. You would think someone who has been trading since the 90s would appreciate that. (By the way, my first trade was in 1972, I made a good profit, but I'm not here for a tit for tat, just to benefit from shared fact based insights.)
I am not a day trader so my decisions require longer term positive management and market dynamics. The new management is certainly an improvement, however the competition has the advantage of the IBM syndrome, where government departments won't get into trouble buying from a prime even when EOS products may be better. My investment in EOS aligned with my preference to back Australian innovators who can challenge global incumbents, unfortunately Australian investors and our governments tend not to.
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Last
$1.45 |
Change
-0.105(6.75%) |
Mkt cap ! $279.7M |
Open | High | Low | Value | Volume |
$1.52 | $1.53 | $1.45 | $781.3K | 524.7K |
Buyers (Bids)
No. | Vol. | Price($) |
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3 | 17858 | $1.45 |
Sellers (Offers)
Price($) | Vol. | No. |
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$1.47 | 3109 | 1 |
View Market Depth
No. | Vol. | Price($) |
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3 | 17858 | 1.450 |
1 | 1471 | 1.445 |
3 | 4971 | 1.440 |
1 | 1471 | 1.435 |
1 | 1471 | 1.430 |
Price($) | Vol. | No. |
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1.465 | 3109 | 1 |
1.470 | 4400 | 1 |
1.480 | 2681 | 3 |
1.485 | 9175 | 2 |
1.490 | 6097 | 3 |
Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
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Last
$1.46 |
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Change
-0.105 ( 5.93 %) |
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Open | High | Low | Volume | ||
$1.52 | $1.53 | $1.46 | 36566 | ||
Last updated 15.59pm 13/05/2024 ? |
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MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
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