EDE 0.00% 0.2¢ eden innovations ltd

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-13

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  1. 7,705 Posts.
    lightbulb Created with Sketch. 2797
    Another mind-boggling combination of stupidity and arrogance.

    a). Concrete pours and Indian Optiblend sales are both highly seasonal. That is why sales are up 52% for the half year. YoY Edencrete and US Optiblend sales have actually fallen 32% and 60% respectively.

    b). ASX listing rules requires a guaranteed minimum of two quarters funding under the Ongoing Concern rules. Suspension is automatic for companies unable to comply.


    Last edited by PigsMightFly: 19/01/23
 
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