ECG IPO'ed like a typical cashbox. Founders helped themselves with tons of shares for next to nothing, then gave some cheap shares to a few well known identities, bunged in some IP assets and then IPO'ed to the punters. Having a big share in the company doesn't mean having skin in the game! On top of that, there are related party transactions. I'm not saying ECG couldn't be a huge success but it is starting behind the eight ball. As long as people are aware.
ECG Price at posting:
36.0¢ Sentiment: None Disclosure: Not Held