Towards the end of the year, EOS will have to issue a statement on the progress of the orders.
The last information, two trading days for the placement of shares (...), was on sep. 14: 'The company is confident of completing sufficient contracts during 2017 to exceed AU$500
million in cumulative orders for its new R-400S-Mk2 weapon system'.
It doesn't seem likely they will execute both orders towards the holiday season. In that scenario, they will lose some credility. Apparantly, complicated business. A lot of parties involved.
However, competitors are not in sight and most likely the orders will still be executed. In 2018. I do not expect a sharp drop in the shareprice. At 2,30, the stocks only caps at 160 million.
NEWS Comming, page-23
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Last
$1.30 |
Change
-0.095(6.83%) |
Mkt cap ! $271.0M | |||
| Open | High | Low | Value | Volume |
| $1.41 | $1.42 | $1.29 | $1.015M | 761.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7975 | $1.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.31 | 5196 | 1 |
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| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| EOS (ASX) Chart |
