EOS electro optic systems holdings limited

Q2 presentation - we buoght 100,000 shares today, page-2

  1. 531 Posts.
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    I bought a small (1800 shares) parcel today too, trying to take advantage of shorters strategy here...one would assume that the small percentage of reported short position would correspond to a similar percentage of daily traded shorts:

    ELECTRO OPTIC SYS. ORDINARY EOS 652,815 192,952,099 0.34

    ....but currently -on average- everyday +/-10% of EOS shares traded is being shorted... https://www.asx.com.au/data/shortsell.txt
    showing that shorters of EOS are more active than what their interest ratio would suggest.
    Their strategy seems to be working as they trigger stop losses and weary holders....but it also creates an opportunity for some accumulation.
    Last edited by Raffout: 02/09/24
 
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$3.41
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