Shorts did accelerate as expected after the lack of certainty of funding for spacelink and unexpected debt line announced. Business plan wise makes more sense but does make EOS a much riskier proposition but gives more flexibility and space is a hot sector overseas at least but more LEO constellations and launch vehicle companies.
I'm surprised there are so many shares available for the shorters given the lack of instos on the register.
Share price performance has been abysmal and will be until there is either revenue for spacelink or external validation of a higher valuation for it.
EOS Charts, page-2438
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Last
$1.49 |
Change
-0.050(3.25%) |
Mkt cap ! $287.4M | |||
| Open | High | Low | Value | Volume |
| $1.53 | $1.53 | $1.46 | $484.3K | 325.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3256 | $1.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.50 | 1390 | 1 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
$1.46 |
Change
-0.050 ( 4.76 %) |
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| Open | High | Low | Volume | ||
| $1.51 | $1.52 | $1.46 | 38524 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| EOS (ASX) Chart |