EOS 2.82% $1.21 electro optic systems holdings limited

interesting development , page-13

  1. Eos
    394 Posts.
    Meow

    It is OK to sell based on your views.

    The attraction to this company is the quality of the technology and its ability to raise interest by the US forces.

    Recon was the primary contractor with purportedly strong connections into the US military.

    Recon did work for quite a while but stuffed up on the latest contract (but which is under appeal)- they underperformed but no such criticism was mounted at EOS.

    It is frustrating but ultimately one must still look at the current position which is just above cash and well below liquid assets.

    The chance of an upside move is much greater than a move to the downside - but a bet nevertheless.

    One must ask the question, why did Northrop pay $4.50 two years ago?

    Regards Eos

 
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