EOS 1.69% $1.20 electro optic systems holdings limited

Ann: Oversubscribed placement raises $20.9m, page-11

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  1. 3,757 Posts.
    lightbulb Created with Sketch. 164
    Yep rocket science alright.

    $A170Mil contract at 10% margin - raise A$21Mil to 'secure funding for fulfilment of the A$170M contract' = 'loss' of approx A$4Mil - wow I hope they can get the next A$330Mil+of contracts, then EOS can really lose lots of money fulfilling them - WTF !!??
    .
 
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