EOS 6.83% $1.30 electro optic systems holdings limited

Ann: Oversubscribed placement raises $60m plus SPP of $5m, page-14

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  1. 2,015 Posts.
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    todays trading says it all. An excellent commerical sales win drowned out by incompetent capital management. A true risk of having technical people acting as your CEO. Our Board is stacked with ex generals rather than business people. And still no details of the SPP.

    At least with this $50m they dont need to time a capital raise ever again and management can just focus on the technical side of the business where they actually seem to be kicking goals.
 
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