Yes—because real sales are sustainable. Selling smoke and mirrors isn’t.With actual sales, the company wouldn’t need roadshows to attract a new retail base for future capital raises.How much more capital do they plan to raise? They already have a miscellaneous code—use it to generate revenue. If the product is truly life-saving, accurate, and helps hospitals make money, they’d be eager to adopt it.
Short-term sugar hits (paid promos) to pump the stock for raises often backfire, especially when there are no sales to support the valuation. Enough pilot programs and promotional hype—where’s the revenue?
Also, what’s the company’s actual moat? It’s no longer the database—that agreement ended, as stated in their own report.
So what is it now? Do they even have one?This is why building real sales and relationships matters. If the product is strong and the relationships are nurtured, those become the moat.
IMO, using shareholders’ money to pump the stock, only to dilute those same shareholders while neglecting long-term value is concerning.To be clear: I want this company to succeed. But not through short-term sugar highs that erode trust and long-term value.
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EIQ
echoiq limited
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Ann: Quarterly Activities Report and Appendix 4C Cash Flow Report, page-18
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Last
21.0¢ |
Change
-0.015(6.67%) |
Mkt cap ! $135.4M |
Open | High | Low | Value | Volume |
22.5¢ | 22.5¢ | 20.5¢ | $1.084M | 5.068M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 99174 | 21.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.0¢ | 38542 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 89176 | 0.210 |
12 | 216818 | 0.205 |
17 | 633058 | 0.200 |
5 | 21160 | 0.190 |
4 | 58100 | 0.185 |
Price($) | Vol. | No. |
---|---|---|
0.220 | 38542 | 1 |
0.225 | 220576 | 5 |
0.230 | 244729 | 7 |
0.235 | 170000 | 2 |
0.240 | 46211 | 2 |
Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
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EIQ (ASX) Chart |