yes you bought at $6 and we say current price is cheap, ie: way...

First 7 Last

Share
Profile

Follow
givemethecash

6,555 Posts.

822

12/02/24

14:26

Post #: 72361402
Share

Originally posted by MrAdz: ↑

Because ASIC is a toothless tiger.

EOS has been a leaky boat for a very long time and a stock which has been subject to pump and dump.

To those that are saying " this is cheap". Well, may very well be so, but it is for a reason.

I used to say the same thing when it dropped at my first buy in price of around $6.00 and it dropped some. At around 3 I doubled my holdings, and watched it sink like a lead balloon.

All you have to do is look at the past management decisions that lead us to where we have been. From reckless stupid spending to the bloated management structure, creative accounting, lack of control over debts, false promises. They took the money they had and spent it all on a failed venture. The child of Ben Greene. The arrogant head of the company who surrounded himself with those like him.
The company has made the right steps into correcting the wrongs, but still has a long way to go. It was on a verge of going into administration, and still possibly can if a few wrong decisions are made.
Millions of revenue mean sweet F all. It is what is banked at the end of the day that will decide the future of EOS.

For the record, I still hold some.

Expand

yes you bought at $6 and we say current price is cheap, ie: way undervalued that means , so don't put words in other peoples mouths. Definitely over $1 soon but doubt you'll see $6. Happy days.

EOS Price at posting: $1.63 Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

BPH

Australia’s gas crisis is here – and dying coal plants aren’t helping

Thursday's HotCopper trends: Paradigm's drug IP buy, MTM placement | June 26

'Not possible' to port renewable gas: ACCC takes AGN to court

ASX Market Close: Index creeps lower as half-year mark approaches | June 26

First 7 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last $2.65		Change 0.040(1.53%)		Mkt cap ! $511.3M

Open	High	Low	Value	Volume
$2.64	$2.74	$2.58	$4.153M	1.565M

Buyers (Bids)

No.	Vol.	Price($)
7	20729	$2.65

Sellers (Offers)

Price($)	Vol.	No.
$2.68	200	1

View Market Depth

No.	Vol.	Price($)
7	20729	2.650
2	30281	2.620
10	16402	2.600
2	9474	2.590
5	15262	2.580

Price($)	Vol.	No.
2.680	200	1
2.700	5000	1
2.710	17500	2
2.720	3000	1
2.730	2787	2

Last trade - 16.18pm 26/06/2025 (20 minute delay)

EOS (ASX) Chart

yes you bought at $6 and we say current price is cheap, ie: way...

Top Stories

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

Australia’s gas crisis is here – and dying coal plants aren’t helping

Thursday's HotCopper trends: Paradigm's drug IP buy, MTM placement | June 26

'Not possible' to port renewable gas: ACCC takes AGN to court

ASX Market Close: Index creeps lower as half-year mark approaches | June 26

Buyers (Bids)

Sellers (Offers)