EDE 0.00% 0.2¢ eden innovations ltd

Ann: Investor Presentation, page-36

  1. 7,705 Posts.
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    EDE sell bugger all. Their best customer (GDOT) hasn't placed a new order for 2.5 years.

    If the product was any good they would be taken over. No multinational wants to deals with a barely solvent company operating out of a shed. [A supply contract would most likely be banned by the internal risk management policies.]

    The $1.2M 'loan' from TAS was written off because it couldn't be repaid.

    The Georgia property is only worth a fraction of it's book value.
    Last edited by PigsMightFly: 12/09/23
 
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