All three Solomon related stocks got a bit of a belting today. CNJ included, in spite of a very good report. A CNJ poster suggested it was T2 traders exiting. A rational explanation which could also apply to TAS. However, EDE doesn't fit that scenario. GS has a problem on his hands getting .022 ps when the current sp is .018, so he needs to deliver something of substance soon. It's been suggested he has major shareholders onside, but even they must baulk at coughing up money with such a disparity. One thing I'd like to see, is the Board taking their fees as shares in lieu of cash for a while, until EDE reaches break even.That would certainly show they have confidence in the company's eventual success.
donnybrook
All three Solomon related stocks got a bit of a belting today....
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.427M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $1.985K | 1.239M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 66 | 204498284 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 11206803 | 11 |
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| Last trade - 11.28am 12/07/2024 (20 minute delay) ? |
| EDE (ASX) Chart |