EOS 1.72% $1.48 electro optic systems holdings limited

Takeover Potential, page-14

  1. 4,668 Posts.
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    all they are doing is turning over money at present .
    any profit is just going towards the debt facility they did with sol patts on absolutely ridiculous terms .
    once that is out of the way down the track they will return to making some money
    but that's a fair way off imo
    still thinks it's relatively cheap .
    imagine they land another 100 or 200 mill contract , it will fly .
    given the current tensions around the world anything is possible here .
    but it is a gamble imo
 
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