You sound like some pretentious 22 year old who has read a few books and thinks he knows everything about investing. But your knowledge sounds like the usual undergraduate level tripe and slogans (Lindy Effect), You obviously don't any have long term knowledge of EDE. You have no historical understanding of the ASX Small Caps (>99% failure rate) . You (and your fellow fanboys) definitely have zero understanding of the concrete industry.
You can't make any money trading EDE because there is no volume. Unless you mean waiting weeks to flip a $2K parcel for a few hundred dollars profit.
Amazon has absolutely zero relevance to EDE. Jeff Bezos is a genius level Princeton IT graduate who had already been extremely successful in merchant banking and e-commerce before starting Amazon. He used the fact that the US Postal Service shipped books at extremely low cost to undercut booksellers in small towns. He relied on massive cash flow, almost free funding and heavily subsidised postage (which eventually bankrupted the USPS) to create a virtual monopoly on book retailing before moving into general online retail.
Almost all the large construction companies have risk management policies which prohibit them from dealing with companies like EDE. They require at least two supply sources, financial security and the ability to provide effectively unlimited indemnity. They also expect 24/7 phone and on-site technical support. EDE fails all of these criteria.
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.427M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $0 | 20 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
54 | 165677452 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 18123690 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
54 | 165677452 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 18123690 | 17 |
0.003 | 52378349 | 31 |
0.004 | 5341034 | 5 |
0.006 | 1500000 | 1 |
0.007 | 50000 | 1 |
Last trade - 10.02am 07/08/2024 (20 minute delay) ? |
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