Australia's largest stock trading and investment forum Australia's #1 stock forum

EDE

0.00%

0.2¢ eden innovations ltd

Mgmt said the laughed at hc postings so they are laughing at you...

First 2 Last

Share
Profile

Follow
GIGAChad

4,962 Posts.

869

22/06/20

13:14

Post #: 45367461
Share

Originally posted by donnybrook: ↑

I welcome Esp's post supporting MB's 'bona fides'. I also support MB's view the Board needs fresh blood. At the moment it appears to be an 'Old Boys Club' and that needs to change. Personally, I'd like to see someone-preferably female-with extensive marketing expertise appointed. Also someone of Beton's or Poyndexter's ilk.Might be a bit late in the day for that, I know. Should've been done years ago.Would've saved a lot of miscalculation of timelines and subsequent loss of credibility, in my view. But maybe better late than never.
The immediate challenge the BOD's have is to keep and maintain the share price at or above the SPP offer.And they should know by now,there are market forces out there determined to make sure the SPP fails.I wouldn't be surprised to see a determined effort to push the sp down to the low 2's.Unless there's a huge order between now and the closing date, July10, how are they going to do that?
My view is they have to take stern action promptly to show the vultures they are determined to see it out by;
[1] Taking advantage of US Federal economic relief packages and standing down-not sacking-all staff except those who make and deliver stuff.
[2] All sales staff to be put on commission only basis.

[3] Director's to take shares in lieu of cash for two months.

At the end of this period the company should be on firmer ground and not dependent on the SPP being fully subscribed .

donnybrook

Expand

Mgmt said the laughed at hc postings so they are laughing at you while collecting their fee's

EDE Price at posting: 2.8¢ Sentiment: Sell Disclosure: Not Held
6 Upvote

0 Great analysis

Reply

Top Stories

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

COB

Cobalt Blue sees A$60M price tag for Kwinana, WA refinery – but $68M value for stage one

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

OJC

SPC to merge with Original Juice Co and Nature One Dairy

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

There are more pages in this discussion • 69 more messages in this thread...

First 2 Last

Add EDE (ASX) to my watchlist

(20min delay)
Last 0.2¢		Change 0.000(0.00%)		Mkt cap ! $8.216M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Mgmt said the laughed at hc postings so they are laughing at you...

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Cobalt Blue sees A$60M price tag for Kwinana, WA refinery – but $68M value for stage one

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

SPC to merge with Original Juice Co and Nature One Dairy

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Featured News

Featured News

Mgmt said the laughed at hc postings so they are laughing at you...

Top Stories

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Cobalt Blue sees A$60M price tag for Kwinana, WA refinery – but $68M value for stage one

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

SPC to merge with Original Juice Co and Nature One Dairy

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Featured News

Featured News