ECH echelon resources limited

With NZO wanting to come to list in Australia, some sort of...

  1. 9,364 Posts.
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    With NZO wanting to come to list in Australia, some sort of reverse takeover would make sense. But this would inevitably mean OGOG would end up controlling less of percentage of the new entity than they currently do NZO (i.e. 80%). Then again, this may not necessarily be a deal-breaker for them. Maybe they are happy to remain a list company on the ASX, as this has advantage for raising capital going forward.
    Who knows, but I think some sort of corporate action is coming.
 
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Mkt cap ! $78.38M
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