I disagree. For the first time in a long time I bought back in yesterday. EOS is now at that inflection point whereby the full year result is due next month and more than likely, closely followed by the IFV announcement. I have no evidence, but I'm of the belief that EOS have been making sales to the UAE. They've been actively recruiting operational personnel of which one particular position required the candidate to travel to Europe and the UAE. One decent transaction with a UAE customer could potentially erase their debt facility. Providing of course the company receives cash as opposed to a Letter of Intent. I'm still no fan boy of this mob. Still too many passengers. But right now, it's Vegas or bust.
EOS Price at posting:
69.0¢ Sentiment: None Disclosure: Held
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