EOS 2.22% $1.62 electro optic systems holdings limited

Half Year Report, page-23

  1. 2,956 Posts.
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    It looked like it may have bottomed around 1.25 and it held those levels for almost 1 month, Well given the shaky market and lack of news unfortunately it did not hold above the 1.25 support. IMO it will now test 1.09 and if nothing spikes interest in this quickly, I think 1.09 will breach and dare I say sub $1 is coming. At this stage in this current market IMO 92-97c .

    In saying that, I think it's still good buying at these levels if your long term holder. I would just leave some cash to average down if necessary. I don't hold yet. Still watching.

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