EOS 1.54% $1.28 electro optic systems holdings limited

Multiple down trend breakout with jumping OBVSitting right of...

  1. 12,525 Posts.
    Multiple down trend breakout with jumping OBV

    Sitting right of support of upper downtrend breakout line after low volume retrace

    Initial technical target 55c, then no real resisitance until 82c





    50 million shares

    $3.5 million cash

    $23 million cap

    $24 million revenue

    Exciting new product that sells for about $1 million per unit

    Long term contracts with major government and corporate ie Australian Defense Force


    EOS develops and produces advanced electro-optic sensors and technologies for the global aerospace market.

    EOS core technologies are software, lasers, electronics, optics, gimbals, telescopes, beam directors, optical coatings and precision mechanisms.

    EOS employs around 100 staff globally. It has research centres in Australia, the US and Germany, and has production facilities in Australia and the US.

    EOS operations are divided in two sectors: Space Systems and Defence Systems.

    Defense Systems:

    EOS is a key global company in the market for remote controlled weapon systems and autonomous military surveillance.

    EOS currently produces around 20% of all new remote weapons sytems contracted by open tender globally.


    Space Systems:

    EOS specializes in obtaining space information based on the use of EOS-developed optical instruments and sensors to detect, track, classify and characterise objects in space.

    This information is required for both military and commercial space applications.
 
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