EDE 0.00% 0.2¢ eden innovations ltd

Delays in Infrastructure Approvals, page-22

  1. 1,354 Posts.
    lightbulb Created with Sketch. 350
    so now the slide in share price resumes after that bounce up to hit 10.5c yesterday after yesterday's announcement. In the end by the close of trade yesterday, EDE closed up only 0.2c after a pretty positive announcement. And now today, it has closed down 0.1c. I don't suppose we can expect any more positive sales updates until the 4C report at the end of April - so there's not much between now and then to arrest another gradual slide in the sp as people lose patience and/or confidence.

    Just hold on folks, this is an inevitable result of government bureaucracies working at snails' pace. Don't lose heart, but just see this as another buying opportunity in the weeks ahead. This company is a long term proposition, but have no doubt, that it is a game changer, and will eventually be selling all around the world. Eventually EDE will be able to report substantial sales revenue from customers in a quarterly report, and investors will return to this stock in droves.
 
watchlist Created with Sketch. Add EDE (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.