EOS has primarily been focused on fulfilling old contract commitments to international customers. However, delays in local deliveries are affecting the signing of the L400 Phase 3 contract. The laser technology requires a further work and is not yet a deployable system, while competitors offer more advanced solutions in this area.
Currently, the share price seems overvalued due to high risks and underperformance in certain segments of the business, with no clear strategy as the company is pursuing too many directions at once. Additionally, feedback from similar markets indicates that the recent competition in Canada was unsuccessful, with other systems performing better.
EOS Price at posting:
$1.49 Sentiment: Sell Disclosure: Held
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