ECQ 0.00% 2.5¢ eco quest limited

announcement out, page-30

  1. 27,439 Posts.
    lightbulb Created with Sketch. 137
    "Very good deal for the new directors their bonus is equivalent to half the price paid for the remaining 66% of Cynata in what 2 months since appointment ?"

    I should correct that as it's not the same it's actually no monetary gain to them - as the stock was actually issued to Cynata hence monetary gain - Both directors just have the "option" to purchase 50,000,000 each at $0.02 so no different to the move for capital they are just guaranteed 50,000,000 each - so a nice allocation should they wish to take it the full allotment up.



 
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.