just to be clear, I wasn't suggesting Edencrete is a dud, but was trying to make the point, that the Insto's (particularly the US Insto's) will be waiting for clear evidence that Edencrete is transparently de-risked.
That point will come very soon imho.
it will be the point where someone like the GDOT makes a big order.
it could be a big order from a commercial business, or GDOT contracting Edencrete for the topping of a huge section of highway, another DOT specifying the use of Edencrete, or whatever.
The pre-sales of Edencrete from C might be the trigger.
But we are not quite there yet, because the SP is languishing.
We WILL know when the US Insto's feel that EDE is derisked - because when they start buying, they will just buy, buy , buy. I remind people of that happening with LNG Ltd - went from about 50c to $5.00. Different industries, but the principle remains.
cheers (yey Sharkies !!!)
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Mkt cap ! $7.427M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $0 | 20 |
Buyers (Bids)
No. | Vol. | Price($) |
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54 | 165677452 | 0.1¢ |
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Price($) | Vol. | No. |
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0.2¢ | 18123690 | 17 |
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0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.002 | 18123690 | 17 |
0.003 | 52378349 | 31 |
0.004 | 5341034 | 5 |
0.006 | 1500000 | 1 |
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