Hi brenden, firstly let me say I am a novice at reading...

Hi brenden, firstly let me say I am a novice at reading financials. My current change of sentiment could honestly be due to my inability to digest the report properly.

That said, the auditors report, particularly page 43 "Material Uncertainty regarding continuation as a going concern", worries me. Happy to be told Ive misinterpreted this.

I guess though that Flaming's first para summed up my feelings perfectly. I'm usually upbeat about EDE, but this report 'felt' different.

There is no doubt that EDE has unbelievable potential, that's why I have been a long term shareholder and continue to be (just with a few less shares ATM). At the end of the day though, potential alone isn't enough.

Hopefully things will turn around soon and we will hear that EDE are about to revolutionalise the rubber industry (and many more industries thereafter).

As usual, these are my ramblings and no advice is given.