EDITORIAL: Shareholders take the wheel to reinvent EOH
The fate of EOH is in the hands of those who have the most to gain — or lose
05 June 2024 - 05:00
EOH has boldly declared checkmate. The once-lauded tech firm, now a shadow of its former self, has been jolted awake by a shareholder uprising. It’s a stark reminder that in today’s market, investors are not just spectators but players who will seize the reins when the game goes awry.
The company’s saga reads like a cautionary tale of innovation gone astray, with its share price plummeting from the lofty heights of R100-plus to a mere 151c. This dramatic fall from grace spurred shareholders into action, leading to a boardroom coup that’s as much about redemption as it is about revolution...
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