EDE 25.0% 0.2¢ eden innovations ltd

Reason why EDE announcements fall flat?, page-164

  1. 7,705 Posts.
    lightbulb Created with Sketch. 2797
    India has recently mandated that 100% of a plant's fly ash must be utilised in an 'eco-friendly' way or pay a fine for each extra tonne.

    Fly ash has been successfully used for over 100 years without Edencrete Pz. You can even use 100% fly ash in geopolymers.

    We will be close or over break even and a consolidation will be on the cards. Let the attention seeking FUDsters blather on.


    You still have zero understanding 'breakeven'. Gross profit - not revenue - needs to be $6M higher than FY21. At a 20% gross margin that is an extra $30M in revenue. At current gas prices it is quite possible that Edencrete isn't even profitable.


    Last edited by PigsMightFly: 05/06/22
 
watchlist Created with Sketch. Add EDE (ASX) to my watchlist
(20min delay)
Last
0.2¢
Change
-0.001(25.0%)
Mkt cap ! $6.162M
Open High Low Value Volume
0.1¢ 0.2¢ 0.1¢ $269 188.0K

Buyers (Bids)

No. Vol. Price($)
63 130586945 0.1¢
 

Sellers (Offers)

Price($) Vol. No.
0.2¢ 22032350 26
View Market Depth
Last trade - 10.46am 13/09/2024 (20 minute delay) ?
EDE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.