Just throwing it out there. Perhaps someone has/is looking into this. There have been many representations by EOS that have turned out to be false/misleading and potentially fraudulent, which, but for the statements, investors would not have purchased shares.
eg In August 2021: "EOS is in advanced negotiations with existing customers for more than $1B worth of new contracts to be awarded in next six months"
Perhaps EOS would not be able to produce evidence of "advanced negotiations" or "contracts". Were these contracts on a determined schedule, or was the statement "to be awarded in the next six months" simply designed to mislead investors?
There was no update subsequent to this (that I can see). Was there an actual negotiation between EOS and another party, or was it imaginary?
I am certain that many shareholders who have lost money would not have invested if not for this statement. I think EOS should be made to provide proof, that: two parties were engaged, that the value of a potential contract as understood by both parties was $1 billion, and that there was a timeline (within 6 months).
What do people think?
Class Action
Add EOS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.51 |
Change
-0.060(3.82%) |
Mkt cap ! $302.9M | |||
| Open | High | Low | Value | Volume |
| $1.59 | $1.59 | $1.51 | $711.0K | 461.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 18289 | $1.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.52 | 2904 | 3 |
View Market Depth
| Last trade - 10.34am 02/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.52 |
Change
-0.060 ( 4.14 %) |
||||
| Open | High | Low | Volume | ||
| $1.57 | $1.57 | $1.51 | 31879 | ||
| Last updated 10.54am 02/05/2024 ? | |||||
| EOS (ASX) Chart |