EOS 6.83% $1.30 electro optic systems holdings limited

On September 19th on the announcement of the CR at $2.30: "As...

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    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.
 
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