ROTFL. EDE are losing ~$10 million every year. So they obviously are selling far below cost. The $25 price appears to be just some round number plucked out of thin air with absolutely no basis in reality. The whole roll out of Edencrete has been a total fiasco. They built (downsized) CS2 and bought a Georgia property before they even did a (quickly abandoned) marketing study or had any significant sales. That is what you expect of an 8 year running a lemonade stand - not a 40 year old engineering business.
If you exclude DOT handouts Edencrete didn't make enough last quarter to pay the CEO for one month. The sales outside Georgia and Colkrado were <$14k. Enough to fund the business for a few hours.
Edencrete sales are ~0.1% of the targets set by GS in 2016.
- Forums
- ASX - By Stock
- EDE
- Ann: EdenCrete - GDOT Sales and Marketing Update
Ann: EdenCrete - GDOT Sales and Marketing Update, page-53
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EDE (ASX) to my watchlist
|
|||||
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.216M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $500 | 250K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
60 | 183286417 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 27539700 | 27 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
60 | 183286417 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 27539700 | 27 |
0.003 | 45021223 | 22 |
0.004 | 5941034 | 7 |
0.005 | 4631540 | 3 |
0.006 | 1876383 | 1 |
Last trade - 13.04pm 11/09/2024 (20 minute delay) ? |
Featured News
EDE (ASX) Chart |