Contradictory as it may seem, I find this raising to be a positive. I certainly don't argue with its purpose. Some hard nosed investors have put money in-not all that much in the grand scheme of things, and retail shareholders haven't had to cough up. My feeling is, word's getting around town Eden is a winner.
And the increase in % share holding by Noble, further adds to my belief the Solomons and their allies, are increasing their grip on the company. As long as they don't get more than 90% and take the company private with a low ball offer, is all I'm concerned about at the moment.
In ten years time,I reckon $20 a share won't buy this company.
db
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