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EchoIQ Limited ( (AU:EIQ) ) has shared an announcement.
EchoIQ Limited has announced the issuance of unquoted equity securities, specifically options expiring in October 2028. This move involves a total of 6,000,000 options with varying exercise prices, as part of previously announced transactions. The issuance of these securities is not intended to be quoted on the ASX, indicating a strategic decision to manage equity and potentially incentivize stakeholders privately.
The most recent analyst rating on (AU:EIQ) stock is a Buy with a A$0.40 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: 1,464,985
Technical Sentiment Signal: Sell
Current Market Cap: A$126.7M
See more insights into EIQ stock on TipRanks’ Stock Analysis page.