“If there’s cash at hand of course”.
That’s probably the one billion dollar question, which has inspired short-sellers…
I hope and expect Ben will not tap the markets (again) and create further dilution. This is not in the interest of EOS’ management, who are holding a fair share of options at higher exercise prices, and probably won’t be necessary either.
The current and next quarter will be cash-flow positive. Even though the company invests heavily in future growth, and is creating a lot value in the process.
In 2022 the Land 400 Phase 3 decision for the Infantry Fighting Vehicle’s (IFV) will be made. The shortlist contains Hanwha and Rheinmetall, and who ever wins, EOS will deliver the RWS, for a contract worth of 1 billion+ on, most likely, favorable financial terms.
EOS Charts, page-1757
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Last
$1.65 |
Change
0.055(3.45%) |
Mkt cap ! $318.3M | |||
| Open | High | Low | Value | Volume |
| $1.60 | $1.66 | $1.56 | $930.5K | 578.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2066 | $1.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.67 | 3814 | 3 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$1.66 |
Change
0.055 ( 4.72 %) |
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| Open | High | Low | Volume | ||
| $1.58 | $1.66 | $1.56 | 69456 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| EOS (ASX) Chart |