galumay
learner
- Joined
- 17 September 2011
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One Bart is one too many in my book!
From memory, Stan Howard was at the helm of Yates garden products, when they had problems around 2000. Did my dough on that one also.Fred Bart. Phil Bart, brother. Phil Bart and Stan Howard, Directors National Textiles. Stan Howard. John Howard (ex-PM), brother.
SERC's aims were to reduce the rate of space debris proliferation caused by space debris collisions, and to demonstrate the potential of ground-based lasers to manoeuvre space debris so that collisions can be prevented. By leveraging the substantial existing infrastructure, facilities and research momentum of its participants, SERC was able to achieve these aims within its $62 million budget and its mission was successfully completed as planned on 31 March 2021.
Potential doesnt drive share price! Have a look at the financials & you will understand the depressed price. Also the Bart factor looms large. That's a red flag for any business IMO. Always check the board & top 20 holders. I have a blacklist I check against them.I can't believe that their SP has dropped for so long when there is so much potential in the current climate of world fear and investment in technology.
EOS, Nova Systems’ Sovereign Missile Alliance partners with Diehl Defence for guided munitions enterprise
The Sovereign Missile Alliance, a joint venture between Electro Optic Systems and Nova Systems, has announced its intention to partner with guided weapons contractor Diehl Defence for the Sovereign Guided Weapons Enterprise.
Designed to provide sovereign solutions for missile and guided weapons manufacturing, the joint venture leverages the capabilities of both EOS and Nova Systems with a reported 1,000 employees and $500 million annual turnover.
Now, it has been announced that Diehl Defence would also support the enterprise with technology transfers to greater support the development of sovereign guided weapons capabilities. The agreement will be conducted on a non-exclusive basis.
“This collaboration with Diehl Defence will bring world-leading technology to Australia to enable this development to occur,” Dr Ben Greene, founder and group chief executive officer of EOS, said.
His comments were reflected by Nova Systems Group chief executive officer Jim McDowell, describing how the partnership will better benefit Australian industry and national security.
It was $10 before Covid appeared, so in the 2 years it has been a steady decline. And $1.60 was only a week ago22.4% up today, must be a big announcement coming very soon.
the defence spend is only going to increase, thoughDon't get excited yet, could easily fall as fast.
It was $10 before Covid appeared, so in the 2 years it has been a steady decline. And $1.60 was only a week ago
the defence spend is only going to increase, though
Be careful, management is the risk with this one, the Bart effect is poison for shareholders sooner or later!
Electro Optic Systems Holdings Limited – Share Purchase Plan On 29 June 2022, Electro Optic Systems Holdings Limited ACN 092 708 364 (ASX: EOS) (EOS or Company) announced to the Australian Securities Exchange (ASX) a proposed A$15 million placement of new fully paid ordinary shares in EOS (Shares) to institutional investors (Placement) at an issue price of A$1.20 per Share (Placement Price).
Form 603 Notice of initial substantial holder
- Electro Optic Systems Holdings Limited (ASX: EOS) (the Company)
Please find attached a Notice of initial substantial holder for the Company. Brickworks Limited currently holds 26.1% of the shares in Washington H. Soul Pattinson and Company Limited (ASX: SOL) which results in Brickworks Limited having a deemed relevant interest in the Company.
As provided for in the notice, Brickworks Limited will file further substantial holder notices only to the extent that there would be informational utility in doing so.
Yours faithfully
Brickworks Limited
interesting, indeed. So if BKW have 26.1% of SOL, and SOL has, by announcement, 6.21% of EOS, then BKW would be close to or at 19.9% of EOS? And when new shares are issued under the SPP, then these percentages are likely to change again.Well, looks like a spanner has been put into the works to make things interesting -
EOS up and now trading around $1.09Unless the substantial holder acquires a relevant interest in the Company in its own right or it ceases to have those deemed relevant interests, or there is a significant development that would provide material information to the market as contemplated in section 602 of the Corporations Act, the substantial holder does not intend to file further substantial holder notices in relation to the Company as these would be more confusing than informative.
In particular, you should note the future market price of Shares is uncertain and may rise or fall. This means the price you pay for Shares under the SPP may be either higher or lower than the Share price as traded on ASX at the time the Shares are issued to you under the SPP, with the effect that the value of your investment in the Shares could rise or fall.
Violins please.Article in the AFR on EOS today, things look terminal. BKW/SOL probably ends up with the bits of the business it wants and the rest goes to 0.
“It allows for almost instantaneous global communications, which means you can move information securely and safely in large volumes.
“That means you can command globally dispersed operations which is something we’ve been trying to achieve for a long time".
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