EDE eden innovations ltd

Expectations?, page-8

  1. 19,196 Posts.
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    It could be reasonable to call your personal thoughts (hopes) "expectations". Over the extended timeframe you depict it would be probable that these could eventuate. The unmentioned financial situation is one factor to take into account. Additional capital would probably be necessary if there is not an immediate boost to profitable sales. The SP will react to the sales results. EDE needs to have a higher SP before any capital raising to avoid excessive dilution. I suggest that management could have an SP of 30c to aim for in mind. My bet is that when we pass that point that there will be a capital raising. I would like to see an SPP which would give current shareholders a bite of the cherry and spread the control rather than have a VC dominate any new share issue and the control they would have through being a major shareholder. SPPs are a common way for companies like this to not only raise new funds but to also give some small reward to loyal shareholders, especially small shareholders.

    Optiblend will probably not have much bearing on the SP at this stage. Hythane is more likely to surprise than Optiblend. I suggest that they both need Edencrete to carry them for some time yet but they still could have potential.

    Expectations: I expect slower sales volume than we would like. Enough to boost the SP past the 30c level, then a cap issue with a possible (my hope) SPP that gives us a chance to purchase some shares at a discounted price. All within the next four months. That gives the company at least enough time to have a good quarterly report. The one I would expect in October.
    Last edited by nursery: 10/07/17
 
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