Hi Hamsa. I've had other items in life keeping me occupied.
Aa quick glance, the company has not fundamentally changed between today and the last time it raised capital. I dont see how a $100kAUD order justifies a near doubling of SP. Im quite sure this is a P&D to let the CR participants exit. I also don't think the SP has much steam left in it, probably has one more mark up event remIning. I'd call the mid 5's as a top but I'm not holding a position.
Keep in mind, their last guidance was $8M sales to end 2021. Today's announcement was 1.5% of their target. They need one of these announcements every week to hit their goal.
That should give you enough to screenshot and remind me how wrong I was in a few months time
All will be revealed for the Q3 quarterly, but sales and revenue are needed.
Sales and Earnings Outlook for EDE for 2021, page-37
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.414M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $1.017K | 509.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 63 | 197998284 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 10494247 | 11 |
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| Last trade - 13.06pm 10/07/2024 (20 minute delay) ? |
| EDE (ASX) Chart |