EOS 2.46% $1.46 electro optic systems holdings limited

MRE may be down a little over concern about quarterly production...

  1. Eos
    394 Posts.
    MRE may be down a little over concern about quarterly production result.

    Replacement cost of plant at 2.5 billion suggests a value of $5.50 a share although this would be subject to steady state nameplate production.

    There are persistent rumours of a play by BHP. This would be a good move by BHP given the $100 M plus of estimated synergistic benefits. At current prices, a takeover could be 100% debt funded. Expect general upside on this stock.
 
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