EIQ 0.00% 15.0¢ echoiq limited

Ann: Quarterly Activities/Appendix 4C Cash Flow Report - Dec, page-4

  1. 1,063 Posts.
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    I don't know. Wouldn't quite say "cashed up" as they are skating on 2/3 quarters of cash. The options provide an extra liquidity hit, however on the flip side; once they hit the market, it will flood the market with new shares, diluting the existing Shares on Issue. For a ~ 70/80 ml market cap, a lot has been factored into the share price. I like the idea, will continue to watch!
 
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