Well its a welcome change to have some good news.
EMS is a communication system with little or no relevance to the core business of electronic weapons. It was bought for $26m and sold for $144m a few years later. There are tax losses to offset the capital gain. EOS will emerge debt free with cash in the bank.
This partly atones for the Spacelink debacle.
The remaining business is worth far more than $60m, so the share price should rise.
Bacci
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Last
$2.61 |
Change
0.180(7.41%) |
Mkt cap ! $503.6M | |||
| Open | High | Low | Value | Volume |
| $2.45 | $2.69 | $2.44 | $10.71M | 4.115M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 193 | $2.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.64 | 30950 | 2 |
View Market Depth
| Last trade - 16.10pm 25/06/2025 (20 minute delay) ? |
| EOS (ASX) Chart |