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.
Now that WHSP are in the driving seat and assuming that they get...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
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 |