EOS announced yesterday that they will be signing a deal with Saudi for $150m to $170m. This is huge and as per their previous announcements there is more to come.
With more deals to be announced it wont be too long before this company has is capitalised at 1/2 a billion if it isnt taken over first.
The current deal announced with Saudi Arabia was unexpected as many anticipated (from whispers) the deal to be with the US who recently announced an increases in its the defence budget by $54b and a big push by America and its allies to win the war on terror in the middle east.
With Saudi Arabia ordering cc $160m from EOS one can contemplate how much the US will order. The annual Saudi defence spend is $81b while the spend in the USA has budgeted for $650b
News of the Saudi spend with EOS will certainly make others sit up and take notice.
Some have rumoured an sp of $10! A US order and a space fence announcement will certainly push the sp much closer to that target!
$160M DEAL TO BE SIGNED IN 2 WEEKS
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Last
$1.28 |
Change
-0.020(1.54%) |
Mkt cap ! $271.0M | |||
| Open | High | Low | Value | Volume |
| $1.30 | $1.32 | $1.27 | $1.122M | 873.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1600 | $1.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.28 | 7938 | 3 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| EOS (ASX) Chart |
