You just cut and paste stuff you have absolutely zero understanding of in a futile attempt to score points.
- Based on 20% gross margins EDE needs $50-70M in annual sales to be profitable.
- Based on typical 5-10% manufacturing net margins EDE needs around $150-300M in annual sales to be profitable.
So EDE actually needs sales to increase by 50-100x to be viable.
Ann: EdenCrete - US Market Growth, page-23
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Last
0.2¢ |
Change
-0.001(25.0%) |
Mkt cap ! $6.162M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $450 | 300K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 61 | 145993047 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 14768866 | 14 |
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| Last trade - 12.05pm 19/11/2024 (20 minute delay) ? |
| EDE (ASX) Chart |