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EchoIQ Limited ( (AU:EIQ) ) has shared an announcement.
EchoIQ Limited has confirmed that 30 million options, exercisable at $0.25 and due to expire on 31 December 2025 under the ASX code EIQAAH, have lapsed unexercised, resulting in the cessation of these securities. The expiry reduces the company’s pool of outstanding options, simplifying its capital structure and potentially limiting future dilution for existing shareholders, though it does not directly change the number of ordinary shares on issue.
The most recent analyst rating on (AU:EIQ) stock is a Hold with a A$0.26 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
EchoIQ Limited, listed on the ASX under the code EIQ, operates in the broader technology and data-driven solutions space, though this announcement provides no further detail on its core products, services or specific market focus.
Average Trading Volume: 1,250,821
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$159.3M
For detailed information about EIQ stock, go to TipRanks’ Stock Analysis page.