EOS 1.54% $1.28 electro optic systems holdings limited

News: EOS Electro Optic Systems expects modest operating loss in 2017, page-7

  1. 595 Posts.
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    The x-factor there, to my way of thinking at least, is what does the capital structure look like after the company does the capital raising/debt issuing/paper-writing it states is necessary for adequate working capital? After today's AGM we're seeing an additional 15% shares (about 3.9mln) issued to Petra Capital at at 10% discount - which if we take your $4.80 as bang on with current share base, back of the envelope discount/dilution would takes us to about $3.67...

    Not sure I see a short-run bounce for we small retail investors.
 
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