EDE 0.00% 0.2¢ eden innovations ltd

Ann: EdenCrete - US Update, page-62

  1. 282 Posts.
    Sure Ive always seen eye to eye with all your posts.

    The sentiment here seems to be about price. I mean you've heard of the saying "at any cost", or "money is no problem". Strengthened concrete has a niche market, and so when that market decides they need a better concrete they will take it irrespective of the cost (to a point).

    Now we know its good for roadways just as one example, so a buyer would want to see evidence that the stuff reduces maintenance in the long term. (ie no more road crews deployed doing repairs, or resurfacing, etc). That evidence is going to take time to come. Once its proved that it results in reduced maintenance then Road Depts will want it and pay a suitable premium for it.

    Same as any product which is considered superior by the market. Consumers will then pay top dollar. What I am saying is there has to be a shift in thinking that Edencrete jst becomes a new part of concrete, and is built into the cubic metre price of concrete. Fr example, when I buy concrete , I dont think of the price od the individual constituents, I just accept the price on the whole is what I have to pay.
 
watchlist Created with Sketch. Add EDE (ASX) to my watchlist
(20min delay)
Last
0.2¢
Change
0.000(0.00%)
Mkt cap ! $7.357M
Open High Low Value Volume
0.2¢ 0.2¢ 0.2¢ $1.95K 980.9K

Buyers (Bids)

No. Vol. Price($)
96 257439740 0.1¢
 

Sellers (Offers)

Price($) Vol. No.
0.2¢ 5055751 9
View Market Depth
Last trade - 16.10pm 17/06/2024 (20 minute delay) ?
Last
0.2¢
  Change
0.000 ( 33.3 %)
Open High Low Volume
0.2¢ 0.2¢ 0.2¢ 546635
Last updated 12.17pm 17/06/2024 ?
EDE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.