Metalstorm was dodgy.. EOS are definately not that 'type' of organisation
Metalstorm went down in a cloud of controversy and I believe all of its IP got sold off locally ( including to Defendtex ) after a very dodgy deal with Papua NG that was not actually a deal
EOS seems to be a company with all the right ingredients and the right product.. but are they a manufacturer or a high tech developer .. very difficult to achieve both ..
Looks like Kongsberg stole the CROW deal off EOS in US and it's been downhill since then after EOS did all the hard work to get the foot in the door for RWS in US
Kongsberg have delivered over 20000 RWS world wide, EOS only 2000..
EOS management.. Ben has been there too long now ? and just got shuffled and a company insider got elevated ? All good but I would have thought a strategic review might need an outsider with no nostalgia towards non performance
eitherway I'm quite interested in how this plays out I think there is value there somewhere
GLTAH
EOS Price at posting:
75.5¢ Sentiment: None Disclosure: Not Held
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