Yes. Bad general market sentiment. Picked up some more shares.
Current marketcap 240 million. Based on the profit forecast, the company will hold cash approaching 120 million in 2020. This means an enterprise value of 120 million, PE of 5, if shareprice remains the same in 2020. Incredible, isn't it? Company also invested 100 million+ in space, which surely will translate in future profits. This is not yet discounted in the profit forecast.
Hopefully company is talking to lager investors. Still waiting for 100 million in contracts this year to reach sales target of 900 million dollar for 2018. Also waiting for long term space contracts.
EOS Price at posting:
$2.55 Sentiment: Buy Disclosure: Held