I'd just like to challenge the notion that management have "turned it around". What management have done is they've been put to the sword in having no other option other than to adopt a third tier lender. They're still unable to establish funding partnerships and you've got to wonder why that is considering that they self profess as to how great their products are. So the slinger is cheaper...I'd bet that margins are squeezed. But back to the turn-around story...
EOS haven't been profitable for half a decade. Their share price sits in the same zone as it did 10 years ago. Actually, make that 22 and half years. Back in January, 2002 - the EOS share price was where it is right now. Incredible.
The CEO's cheeky comment regarding politicians and then the comments in relation to tailwinds thanks to geo-political tensions hasn't really benefitted the business. There's been conflict and geo-political tensions forever.
Seeing as this is a chart thread, does this 10 year chart represent a 'turn-around' story?
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