@thesmallpond_ · Long EOS.AX

While the JV model offers the financing benefit and this is the way to do business because countries need localization, I also see important downsides. JVs are pretty common among defense primes, but primes are large companies where equity-method accounted net results represent

PhotonBull@PhotonBull

The most underrated development in space and defense right now is the shift from export sales to equity joint ventures. $ASTS and $EOS.AX are both running a similar playbook and the market has not fully priced what it means. $ASTS and Rakuten are forming an equal stakes JV this

Read asLong EOS.AX

Since the call—

unrankedThe analyst's rank today

Medium · 0.82Confidence

Wed, Sep 30Tweeted

Thu, Oct 1 closeCounted from

not in the basket todayBasket

Rank per close

—

Oct 1

—

Oct 4

—

Oct 5

—

Oct 6

—

Oct 7

#388

Oct 8

#425

Oct 11

#313

Oct 12

#242

Oct 13

#201

Oct 14

#205

Oct 15

—

Oct 18

—

Oct 19

—

Oct 20