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12.0¢ echoiq limited

Thanks @triage. I think the technology is promising. We have got...

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superman2020

267 Posts.

26

03/12/22

13:36

Post #: 65133219
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Originally posted by triage: ↑

I think the answer to your question is addressed in something Dude posted on 30 August this year, see below. The gist of the success of EchoSolv is whether the extra information and analysis generated by it will be actionable. If, for whatever reason, EchoSolv analysis ends up not being relied on then this iteration of the technology will fizzle out. However if the analysis does result in a big increase of people having their valves replaced and, even better, having their mortality risk greatly reduced then this product should go gangbusters.

I have no idea whether cardiac medicos will pro-actively pick up EchoSolv or whether most will want convincing with empirical evidence. In the latter scenario then any growth in EIQ might be more of a slow burn. I reckon the medical device and valve manufacturers and hospital providers will be barracking madly for EchoSolv though the health insurers not so much.

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Thanks @triage. I think the technology is promising. We have got many big names onboarded as well. Any commercial MoU before FDA would help to pull SP from this level. Lately we got new instos onboarded at 15 and 19 levels so we might have a support there. It is now just wait and watch but I doubt anything will happen before next march.

EIQ Price at posting: 19.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 12.0¢		Change 0.010(9.09%)		Mkt cap ! $59.41M

Open	High	Low	Value	Volume
12.0¢	12.0¢	12.0¢	$4.65K	38.75K

Buyers (Bids)

No.	Vol.	Price($)
1	126000	11.5¢

Sellers (Offers)

Price($)	Vol.	No.
12.0¢	46749	1

View Market Depth

No.	Vol.	Price($)
1	126000	0.115
6	438104	0.110
3	550000	0.105
4	254029	0.100
1	100000	0.098

Price($)	Vol.	No.
0.120	46749	1
0.125	90525	1
0.130	142525	1
0.135	249999	1
0.145	3600	1

Last trade - 10.50am 03/05/2024 (20 minute delay)

EIQ (ASX) Chart