ECQ 0.00% 2.5¢ eco quest limited

Ann: Appendix 3B - Exercise of Options , page-2

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 6,128 Posts.
    lightbulb Created with Sketch. 137
    The way I'm seeing this is the sp needs to be higher. Going off the capacity left to issue (45m shares)it's in the best interest to have a higher sp, sounds a but strange but I always struggle to articulate my point, to myself I understand what I'm saying lol. So think about it. How much money does the company get from issuing 45m shares? Not much, it's needs to be higher and shall be. Going off the chart and volume and trading action that's what I anticipate. Should be 2-4 times higher and dare I say will be.
    Or do they just keep converting options for funds? If so then the sp needs to be at least 2c.
    Happy to hold these and expect better news flow to occur to sustain the sp rising
 
watchlist Created with Sketch. Add ECQ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.