So Eden raised $4.5M over the last month. They had $1M in cash in the bank. They burn through $3M per quarter. The quarterly report will be an interesting read which will shed further light on how bleak the situation is.
By my maths, we're due for another CR about June. Does anyone think earlier is a possibility? If they issue 15% again, then the share price will drop from 2.6c to 2.2c.
Next capital raise
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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 |