I've just done some reading and linked below are the initial and annual fees. ECS is currently trading at a market cap of <$50m which places it at the cheap end of the table. Not a huge expense in the scheme of things. Are there substantial other fees additional to this?
I guess this argument could be had regarding any startup company in any industry BUT companies DO make it. I cant recall the exact figure, but someone was throwing around a stat regarding the % of ASX companies that make it to cash flow positive - a small number from memory. ECS has achieved this milestone.
https://www.asx.com.au/listings/how-to-list/listing-fees
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I've just done some reading and linked below are the initial...
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Mkt cap ! $23.19M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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12 | 2396952 | 1.7¢ |
Sellers (Offers)
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No. | Vol. | Price($) |
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10 | 2341652 | 0.017 |
8 | 1048060 | 0.016 |
11 | 857028 | 0.015 |
5 | 1428628 | 0.014 |
2 | 1100000 | 0.013 |
Price($) | Vol. | No. |
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0.018 | 287450 | 2 |
0.019 | 742023 | 7 |
0.020 | 1330621 | 8 |
0.021 | 1086508 | 4 |
0.022 | 893100 | 5 |
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