EIQ 1.59% 16.0¢ echoiq limited

Hi tspag, From my assessment, they have been methodically...

  1. 12,536 Posts.
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    Hi tspag,

    From my assessment, they have been methodically securing/servicing the technology with the existing customers. This will ensure to positives. Firstly secure the existing customers which mean repeat revenue streams and testimonials in terms of the value the product offers. Secondly, they have been pursuing new customers via trial exercises which makes sense. They are obviously confident in the technologies and the advantages they can offer to a range of industries and institutions.
    As these dynamics unfold and the market begins to catch onto the growth HWH can provide with consistent repeat revenues/profits, the share price will react accordingly.
    Some will read the play and accumulate early, although the stock available for a meaningful position is limited 2.4m shares on offer. So as announcements re new contracts emerge IMO the stock price will move substantially. Hope this helps

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    Last edited by hoofa: 09/02/21
 
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