Keep your head up Flaming. If its any consolation, your not alone with losses on EDE, but you are well regarded for your intuitive posts over the years.
Although my enthusiasm has dropped off of late for EDE (I took the rose coloured glasses off after their financials were released a few weeks back), I still find myself constantly checking (praying) for good news from the company.
To be honest, other than the nanotube technology, I don't hold much hope for any of their other projects.
Unless they turn the nanotube dream into SERIOUS contracts real soon, I don't know how much longer they can survive - another rights issue, another 6,250,000 EDEO options!!!
For what its worth, given that the EDEO represent ~12% of shares, Warren Buffett considers options above 7% of issued shares as undesireable!!!!!
this does not inspire confidence, page-16
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Last
0.2¢ |
Change
0.001(33.3%) |
Mkt cap ! $8.216M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $576 | 288.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 64 | 210967439 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 24217145 | 19 |
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| Last trade - 13.42pm 30/08/2024 (20 minute delay) ? |
| EDE (ASX) Chart |