I don't believe there will be a cap raise in the short term. The presentation accompanying the half year set out the action plan for the next 12 months - and they only have 12 months!
So; Clean up the mess, cut costs, focus resources, rightsize the businesses, resolve Spacelink - make it cashflow positive.
If/when they win a big new contract then maybe new cash.
Possible rights issue EOS, page-8
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Last
$1.45 |
Change
-0.020(1.36%) |
Mkt cap ! $279.7M | |||
| Open | High | Low | Value | Volume |
| $1.45 | $1.49 | $1.43 | $626.8K | 428.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 16610 | $1.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.46 | 957 | 1 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
$1.46 |
Change
-0.020 ( 0.05 %) |
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| Open | High | Low | Volume | ||
| $1.45 | $1.48 | $1.43 | 46259 | ||
| Last updated 15.59pm 21/05/2024 ? | |||||
| EOS (ASX) Chart |