EOS share price up 16% in the last month

But will that repair the damage for the weary investors who have owned this stock as it declined over half a decade?

Electro Optic Systems Holdings Limited (ASX:EOS) shareholders should be happy to see the share price up 16% in the last month. But will that repair the damage for the weary investors who have owned this stock as it declined over half a decade? Probably not. Five years have seen the share price descend precipitously, down a full 74%. While the recent increase might be a green shoot, we're certainly hesitant to rejoice. The fundamental business performance will ultimately determine if the turnaround can be sustained.

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