ECQ 0.00% 2.5¢ eco quest limited

Ann: Response to ASX Query - Appendix 4C , page-9

  1. 4,015 Posts.
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    Sultan

    Is not this what you would expect a major shareholder to say. He/she can hardly off load their shares now so it is in their interest to talk up ECQ's prospects.

    If you look at the history of the company they have always been talking up their prospects but dilution after dilution has seen no hard cash evidence of this. The sp has just gone down and down.

    Why would you enter the UK and increase your cost of logistics when you still do not have a stable source of revenue in your current markets? Does not sound like good management to me.
 
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Currently unlisted public company.

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