STOCK WATCH: iOCO rally continues as shares gain almost 20% in two days
Investors welcome group’s new model including a management shake-up and targeted incentives
16 February 2025 - 18:02
The shares of iOCO continued their upward march on Friday, adding to a run that has seen its equity appreciate by more than a quarter so far in 2025, as market players embrace an intense approach to shareholder activism at the technology group.
This comes a day after former acting boss Marius de la Rey stepped down from the JSE-listed company, formerly known as EOH Holdings, the latest in a series of leadership changes at the group since shareholders took matters into their own hands. ..
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