sitting approx 130 mill completed stock that needs to be installed then invoiced , makes it hard and illustrates rhe difficulties the company has with cash flow
but the company would have known all this so why didn't they budget for it ?
we will never know but I think your spot on with the rights issue but it would have to be very cheap to get it away successfully, I mean they just raised at $1.20 , so they have burnt plenty of people .
lots of questions for management but sadly no answers
hardly anyway to run a business .
be interesting to look back in 12 months time see where EOS is at .
Possible rights issue EOS, page-2
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Last
$1.26 |
Change
-0.050(3.82%) |
Mkt cap ! $243.1M | |||
| Open | High | Low | Value | Volume |
| $1.34 | $1.35 | $1.26 | $358.3K | 278.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 488 | $1.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.27 | 1036 | 1 |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$1.26 |
Change
-0.050 ( 4.69 %) |
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| Open | High | Low | Volume | ||
| $1.30 | $1.32 | $1.26 | 25042 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| EOS (ASX) Chart |