EIQ 6.98% 20.0¢ echoiq limited

'It's still only been 5 months since listing, which is nothing...

  1. 698 Posts.
    lightbulb Created with Sketch. 33
    'It's still only been 5 months since listing, which is nothing in the bigger picture perspective.'

    The same management has been working on this for over 7 years and all the listing has done, is give them A$2.6m to keep throwing at it, to achieve the exact same results. They can't get the options exercised now and they have to raise more money. Hope that they can attract a cornerstone via a placement otherwise a rights issue.
    Last edited by theqwertman: 15/02/17
 
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