EOS 6.60% $1.13 electro optic systems holdings limited

Capital Raising, page-18

  1. 131 Posts.
    lightbulb Created with Sketch. 61
    On September 19th on the announcement of the CR at $2.30:

    "As previously announced on 14 September 2017, the Company’s new RWS has been selected as the preferred bidder for contract negotiations in every competitive tender in which it has competed. Inclusive of the $170m Orbital ATK contract, EOS expects to exceed $500m in 2017 orders for its new R-400S-Mk2 weapon system."

    What I stated was that the $170m Orbital ATK contract reduced the risk, IMO, moving forward at and around this price $2.30 - $2.40. The company "expected to exceed $500m"...there was an opportunity to top up as I explained with reduced risk. We won't see $2.90 again.

    We will wait and see details about the CR, however, IMO I would expect it would be at a premium from the last close...I do agree anything less would be very disappointing.
 
watchlist Created with Sketch. Add EOS (ASX) to my watchlist
(20min delay)
Last
$1.13
Change
0.070(6.60%)
Mkt cap ! $271.0M
Open High Low Value Volume
$1.17 $1.24 $1.12 $2.641M 2.247M

Buyers (Bids)

No. Vol. Price($)
2 25499 $1.13
 

Sellers (Offers)

Price($) Vol. No.
$1.15 7304 1
View Market Depth
Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
EOS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.