EDE 0.00% 0.2¢ eden innovations ltd

I have been trading the relative values of LYC, Lynas, and DRE....

  1. 17,952 Posts.
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    I have been trading the relative values of LYC, Lynas, and DRE. I chose them based on the way I saw LYC years ago and have held LYC on and off for some time. I see DRE is in the early stages of rare earth prospecting.

    I started off with a ratio of 150 to 1. It is now around 400 to 1. I no longer use ratios but I trade on the basis swing. If one goes up and the other goes down I do two swap trades. I aim to buy back 10% more on the back-and-forth trades. It is still working. I'm not achieving the 10% but am averaging around 4.5% after brokerage.

    I'm open to suggestions as to another two shares that may also fit into this type of trading. I'm trying to find a "companion" for SYA ? One advantage is that it matters zilch whether or not the overall market is rising or falling.
 
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Mkt cap ! $7.357M
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0.2¢ 0.2¢ 0.2¢ $6.409K 3.204M

Buyers (Bids)

No. Vol. Price($)
56 194833659 0.1¢
 

Sellers (Offers)

Price($) Vol. No.
0.2¢ 19044832 12
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Last trade - 16.10pm 06/05/2024 (20 minute delay) ?
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Last updated 11.54am 06/05/2024 ?
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