I lost $9000 on this stock after - at one stage - being in profit $16,000 and happy with the Northrop tie up.
However, had I still held I would have lost a further $20,000 by now.
Swallowing my pride, cutting my losses and selling EOS was one of the best decisions I have made in the last 3 months.
Bart is a joke.
I hope Ord Minnett skin him alive aftger the little number they played on everyone during Nov last year when they ramped the price from $3.20 to $4 in the space of 3 weeks in order to get the placement away at $3.40. Mind you Ord Minnett have no-one to blame but themselves...within weeks of placing the stock with their own clients they issued a research report and valued the company at under $3.00!!
In my mind, EOS & Ords management can rot together on this farce.
Personally...I am ecstatic to have taken my EOS money and ploughed it into more Optiscan (OIL) at 35c and Sandfire (SFR) at 35c.
Coop
EOS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)