EIQ 6.25% 17.0¢ echoiq limited

Ann: Management Update, page-12

  1. 458 Posts.
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    This is the EIQ trading policy - https://www.echoiq.ai/wp-content/uploads/2023/09/EIQ-Trading-Policy-updated-28-Sept-2023.pdf

    It is possible there was a breach.

    I mean, the 500,000 shares purchased was announced as as part of a price sensitive announcement. It is not a good look, and the acquisition was not dated.

    4.2 (b) In addition to the restrictions in clause 4.2(a), a Designated Person may not Deal in Company Securities at any time if he or she has:
    (i) information that he or she knows, or ought reasonably to know, is Inside Information; or


    Inside information is obviously defined basically the same way as a price sensitive announcement.

    Kimber doesn't seem to have any previous ASX experience.

    Last edited by dude342: 02/04/24
 
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