EOS 1.96% $1.50 electro optic systems holdings limited

Dear Arthur-SkipI was at the AGM and the news was disappointing...

  1. Eos
    394 Posts.
    Dear Arthur-Skip

    I was at the AGM and the news was disappointing but I think the reaction was quite overdone and we have to move on and assess things without anger in the current environment .

    Based on my very lengthy discussions with the Directors and Management since the AGM, I found absolutely no sign of irregularity.

    If you are not happy being an investor, then you should not be (but personally I suggest that you keep your shares at least until the end of 2007).

    The stock is not risk free, but in my view it is a very good bet and that is why I have significantly increased my holding after the AGM but only after a substantial due diligence process.

    The five milestones you and I should be looking for in the next 12 months (which I have mentioned before) are:

    1. CROWS orders (other than US);

    2. Space contract with US;

    3. CROWS orders with US;

    4. Share placement with lead military;

    5. Takeover offer by lead military.

    Regards Eos
 
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