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EchoIQ Limited Issues 12 Million Unlisted Options

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EchoIQ Limited Issues 12 Million Unlisted Options

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EchoIQ Limited ( (AU:EIQ) ) has provided an update.

EchoIQ Limited announced the issuance of 12,000,000 unlisted options with an exercise price of $0.35, set to expire on June 20, 2028. These securities are part of previously announced transactions and are not intended to be quoted on the ASX, potentially impacting the company’s financial strategy and stakeholder interests.

The most recent analyst rating on (AU:EIQ) stock is a Buy with a A$0.38 price target. To see the full list of analyst forecasts on EchoIQ Limited stock, see the AU:EIQ Stock Forecast page.

More about EchoIQ Limited

Average Trading Volume: 2,919,959

Technical Sentiment Signal: Hold

Current Market Cap: A$141.9M

See more data about EIQ stock on TipRanks’ Stock Analysis page.

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