EDE 0.00% 0.2¢ eden innovations ltd

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  1. 1,354 Posts.
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    I am just being a little bit cynical, and feeling a bit jaded. Every time there's been a surge in the share price over the last few years, it's been quickly followed up by a capital raising at a 15-20% discount which has brought the share price back down again. Sure, a capital raising has not been announced within 3 weeks of the previous one, which makes this share price surge today a little surprising - that it is happening so soon after the last capital raising. Is there the dawning of hope that this share price rise might actually be more sustained, at least for a few months, until we can see some new sales and real revenue being booked - at which time no doubt there'll be another capital raising at another 15-20% discount.
 
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