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EchoIQ Limited ( (AU:EIQ) ) has shared an update.
Echo IQ Limited has announced the issuance of 500,000 fully paid ordinary shares following the exercise of vested Performance Rights. These shares are part of a class of securities quoted on the Australian Securities Exchange. The issuance was conducted without disclosure to investors under specific provisions of the Corporations Act 2001, indicating compliance with relevant legal requirements. This move reflects Echo IQ’s ongoing strategic financial maneuvers to strengthen its market position and operational capabilities.
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
Echo IQ is an AI and medical technology company based in Sydney, Australia, specializing in AI-driven technology and proprietary software to enhance decision-making in cardiology.
Average Trading Volume: 1,464,985
Technical Sentiment Signal: Sell
Current Market Cap: A$126.7M
See more data about EIQ stock on TipRanks’ Stock Analysis page.