Actually, I think that the operating loss was $866,000 after a $3m profit in 2015. This from their report;
"Reported an operating loss after tax of $866,692 for the year ended 31 December 2016"
Also noted in the report the placement of 3,863638 new ordinary shares at $2.20 to 'Sophisticated and professional investor clients Petra Capital Pty Ltd raising a total of $8.5m
Liabilities in 2016 equaled $12 million Liabilities in 2021 equaled $129 million
The last time EOS closed at $1.62 in 2016, Dr. Ben Greenes Remuneration equaled $460,734 The last time EOS closed at $1.62 in 2022, Dr. Ben Greenes Remuneration package equaled $1,529,163
So basically what you're saying is that in 5 1/2 years...the EOS SHAREPRICE HAS NOT MOVED BUT THE CEO HAS GIVEN HIMSELF A $1.1M PAY RISE.
Fair?
EOS Price at posting:
$1.62 Sentiment: Sell Disclosure: Held
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