EOS electro optic systems holdings limited

Personally, I haven't really been following any news feeds since...

  1. 247 Posts.
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    Personally, I haven't really been following any news feeds since EOS divested EM Solutions.
    But I see that there was an announcement for a contract totalling $34m. That's chicken feed in the domain of defence spending.
    It seems like EOS will probably drift along with the odd spike in Share price here and there.
    I see there's still no confirmation of the conditional Ukraine contracts. It's coming up to 22 months since that particular announcement. That's been quite a blight on the business. Announcing contracts that don't exist. Poor form.
    Then there's the IFV L400 situation. Probably not worth covering expired territory. Hanwha severed ties and it's difficult to see a reunion.
    Seems like EOS desperately needed the cash as partnerships seem benign. EOS speak of diversification but it also appears as though they've put their eggs into one small basket.
    For the sake of Australian technology and manufacturing, I actually hope that EOS come good.
    I'm still befuddled as to why this company aren't delisted and reinstated as a Government entity. It also befuddles me as to why this company seemingly struggles with sovereign support when they provide technology that could prove pivotal in the defence of our nation. Yet, Qantas and Telstra are treated like they're still a government sector.

    Pretty sad really. On that basis, I hope that they can turn it around. It's shameful to think that EOS might well be providing their product to international countries whilst being shunned at home.

    But there's more to the story of EOS and their relationships with potential suitors. You reap what you sow.
    Last edited by Macrosoft: 13/01/25
 
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