EDE 0.00% 0.2¢ eden innovations ltd

90% disc buy as long as it lasts, page-7

  1. 1,037 Posts.
    lightbulb Created with Sketch. 41
    the sale of four Opti-Blend systems on two different continents during the last quarter shows there is a market for the product and IMO im looking forward to the next year or so!

    Hythane will be huge but is years away, the duel fuel kits will bring in good short term cash.

    Then theres this elusive pyrolysis project, my mouth waters with anticipation.

    As for cap raising, i would have thought they would have had a shot at that already, TAS had two within six months (can't recall actual time frame) and it seems theres cap raising going on all over, even if they do will that be a bad thing long term?

    When Eden sold off some of its assets to bail them selfs out they made it a point to mention that they raised the cash with out adding liquidity to the SP, i would suggest that with 181m shares on offer a cap raising wouldn't add that much liquidity.

    Do they wont to cap raise?

    I could be totally wrong but unless we have a cap raising soon i would be thinking they could be looking to rely on an income but as usual im only guessing..:)

    Cheers all and best of luck.....Flaming
 
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