EOS 1.54% $1.28 electro optic systems holdings limited

Shaking the tree, page-18

  1. 1,257 Posts.
    lightbulb Created with Sketch. 26
    I agree, except for a couple of things:

    1) A nervous market with N Korea and the annual fear many have of a October correction in markets....

    2) Some are here long term, others medium term while some just for a quick buck.

    The quick buck guys and many medium term guys (who have been in a while) will be wanting out soon looking for other opportunities. The issue there that some believe the next contract wont be out until early/Mid Dec. If that's true that's sailing close to the wind as the company said this year.

    Of course no company can make someone sign/negotiate a deal quicker than they want particularly when there is polly's and governments involved and if that is the case it could be early next year.

    What we want and what the company wants is not necessarily what will happen within the timeframes we all would like.

    In the interim, the longer the deal takes, the greater the chance of a drift down in the sp and a few rough days on the overseas markets could very easily see the sp under $2.50.

    I have no doubt the sp will go up upon news but the big question is from what level and could finish back at $3.00. A shame for those who didn't get out when it was $3.20+

    Good luck to all
 
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