EOS 2.22% $1.62 electro optic systems holdings limited

why would any company, in this current economic climate pay such...

  1. 13 Posts.
    why would any company, in this current economic climate pay such a premium for this stock????

    1. EOS as st at Dec 07 only has enough cash to last a year
    2. net loss last year of over 20 mill - so not even close to producing a profit.
    3. i also doubt very much that finance would be granted to the said 'takeover' company given the asset they would be acquiring

 
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Last
$1.62
Change
0.035(2.22%)
Mkt cap ! $311.6M
Open High Low Value Volume
$1.60 $1.62 $1.57 $531.8K 332.7K

Buyers (Bids)

No. Vol. Price($)
1 1638 $1.61
 

Sellers (Offers)

Price($) Vol. No.
$1.63 15921 3
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Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
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