I would prefer EOS to keep the funds so as not to do anymore capital raisings in the future and hence cause shareholder dilution. We have 61Million shares on issue. If they reinvest the funds on Defence (which is mature market) to build higher capacity, then so be it.
If they spend the funds for Space Tech and really commercialise it with long Govt contracts, then that's fine as well.
Ann: Annual Report to shareholders, page-10
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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 |
