The above is just a quick few points of the article since it's behind a paywall and not my direct opinion.
I still think Ben's approach to managing the UAE contract during COVID-19 was a forward-thinking move. However, when it comes to financials what Ben claims and what the balance sheet / income statement indicates as well as events often don't match especially of late.
The facts are EOS remains a very high risk stock even at below $4 and IMO still could go either way. It's all dependent on EOS ability to actually win a profitable contract. While I still think EOS will be able to at least secure enough business to meet my personal (adjusted) expectations over the current FY, I have my doubts anyone who bought at $5 and above will see green for a long time yet.
Hot off the press!, page-534
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Last
$1.91 |
Change
0.020(1.06%) |
Mkt cap ! $367.5M | |||
| Open | High | Low | Value | Volume |
| $1.85 | $1.94 | $1.85 | $1.782M | 936.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6600 | $1.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.93 | 10000 | 1 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| EOS (ASX) Chart |