Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.
Hi Market Matters Team Can I have your view on EOS (Electro Optic Systems). They announced an order from a European naval systems integration business worth A$53M funded by a Western European government. Have gone up about 22% in 4 days. How do you see this impacting DroneShield? Would you consider EOS as an alternative to Droneshield?
Hi Deb,
This is the second question on DRO/defence today hence please excuse our brevity. EOS has indeed enjoyed a nice week but its still trading significantly below its 2024 high. To briefly compare the 2 companies:
We see no impact from this order to DRO but from a risk/reward perspective, EOS looks exciting as traders start to extrapolate “what ifs” in this hot sector.
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