ECQ 0.00% 2.5¢ eco quest limited

announcement out, page-36

  1. 8,044 Posts.
    lightbulb Created with Sketch. 523
    I'm not attracted to this now. Before there was a trade on the options for me that's all its worth. Be careful guys. Think about this. After the consolidation, they can raise and dilute more, and they will. How far along before they're profitable? I've seen so many stocks consolidate then halve and even worse as nothing happens in terms of making money and they issue to raise cash. Compare it to another stock with revenues and close chances of profitability sooner rather than later. Also the stock that is in with iinet , can't think of the name, they were around 30c, consolidated and have gone well since, but u need revenues and cash. Just my opinion.
 
watchlist Created with Sketch. Add ECQ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.