"an announcement with regards to a decision made by the American Medical Association regarding a Category III CPT code and a response to a price query letter received from the ASX on today’s date."
So the trading halt in response to a price query from the ASX (a downward query good to see - many Hot Copper commentators believe they only do them on upward moves). It does sound like there was a decision made and the company missed it. I have tyre tracks on my forehead. Bought at descending prices today. A little run over.
It remains to be seen if this does indeed pertain to EIQ as suggested by others on Hot Copper before today's share price drop (ouch). If it doesn't the wording of this trading halt request is poor. If it does the company seriously dropped the ball on the decision. But a 25% share price in a day? Classic investor panic as displayed by comments on other threads:
EIQ Price at posting:
24.0¢ Sentiment: Hold Disclosure: Held
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