Now that WHSP are in the driving seat and assuming that they get through the due diligence in 21 days, I can see them offering a fully underwritten rights issue at a lower price say 35 cents on a 1 for 1 basis which will give EOS some $50m cash net. WHSP will take up the shortfall and move from 6% to over 30% and control with no premium. They could then clean out the directors and bloated management and move EOS from a public service style operation to a more commercial one.
Great for WHSP but another blow for EOS shareholders.
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Last
$7.67 |
Change
0.560(7.88%) |
Mkt cap ! $1.479B | |||
| Open | High | Low | Value | Volume |
| $7.20 | $7.69 | $7.06 | $14.24M | 1.896M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1025 | $7.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.67 | 115 | 1 |
View Market Depth
| Last trade - 16.11pm 12/09/2025 (20 minute delay) ? |
| EOS (ASX) Chart |