EOS 1.54% $1.28 electro optic systems holdings limited

Ann: Placement of $8.5m, page-8

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  1. 1,257 Posts.
    lightbulb Created with Sketch. 26
    At least they can pay their bills until more revenue comes in.

    With a great announcement worth $160m the sp will without doubt recover as the sp based on this deal alone is worth more than double the current level.

    This is called a buying opportunity.....

    with the proper announcement in 14 days and more announcements to come I pitty the sellers that got scared just because a few got some stock at a discount to the current sp.

    A placement at $2.2 does not mean that is what the stock is worth after all many of these placements take a few months to put to bed and at the time it started the sp was probably around that level or marginally higher at around the $2.30 mark.

    Focus on the $160m deal and the ones to follow not a placement that in reality is good for the company!
    Last edited by False9: 27/03/17
 
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