The graph you shared regarding Cat III applications is actually favourable for EIQ. It reflects the overall approval rate, not just first-time submissions. Only 13% of applications are ultimately rejected, meaning they never receive approval. The remaining 87% are eventually successful—whether on the first, second, or even third attempt. Good odds imo when you take all other factors into account.
We have different views on the significance of the rejection. Personally, I don’t see it as a major setback.
EIQ
echoiq limited
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EIQ Charting Thread, page-282
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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 |