EDE 0.00% 0.2¢ eden innovations ltd

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-14

  1. 1,041 Posts.
    lightbulb Created with Sketch. 76
    EC sales for last year's Q4 were boosted by GDOT.

    I understand EC mandated by GDOT for concrete roads.

    So presumably no such work done in recent past.

    But a fact not highlighted in EDE reports is % US roads constructed in concrete is small - < 5%.

    But for bridges, Google confirms concrete is the most popular.

    GDOT budget for 2024 bridge repairs is US$580m on 100 bridge projects.

    And Little River bridge 2019 trial delivered stunning compressive strength benefits from use of EC.

    And those results complimented by positive chloride penetration results done 2.5 years later.

    "After two and a half years of service, cores from the EdenCrete® and the reference concrete were
    taken from the decking, pulverised and the depth of chloride penetration in each was then
    measured. Compared to the reference, the EdenCrete® delivered:
    o 37.5% reduction in chloride concentration at 14.5 mm depth,
    o 50% reduction in chloride concentration at 18 mm depth"

    Planned meeting with GDOT before end of month to review benefits of EC re bridge repairs.

    Too good a performance for GDOT, already a EC customer, to refuse?

    Well done GS, for persisting with positivity in handling tough gig!

    Cheers E











 
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¢ $3.521K 1.760M

Buyers (Bids)

No. Vol. Price($)
81 224695605 0.1¢
 

Sellers (Offers)

Price($) Vol. No.
0.2¢ 30128076 29
View Market Depth
Last trade - 12.06pm 21/05/2024 (20 minute delay) ?
Last
0.2¢
  Change
0.000 ( 33.3 %)
Open High Low Volume
0.2¢ 0.2¢ 0.2¢ 309551
Last updated 11.47am 21/05/2024 ?
EDE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.