Sellers starting to flood the screen below 270c now.
I know a few people who had patience with various stocks...so much patience, in fact, that they lost a lot more than they should have. I know EOS isn't going broke but the only broker who covers them - Ord Minnett - have valued the company on 2007 forward PER that STILL COMES IN AT LESS than the placement price they did last November.
Shareholders might get lucky if Northrop take them out but at the moment the stock is going down in the middle of a BULL market...from 400c to 270c....good luck if you still hold.
Coop
EOS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
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