EDE eden innovations ltd

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

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    0.4 quarters of cash.... So basically to mid May.

    the company's response to their cash position (Section 8.6.2) is that they assume they'll complete the property sale, and are considering capital raising options.

    so two questions:

    if the sale doesn't proceed, how soon until this company has zero cash?

    what capital raising options do they have at such short notice, and when are they likely to announce the capital raising? The only thing I can see is a 200:1 consolidation to bring the share price to 20c and then further dilute from there.

    the increased sales are good news, however as always, cash is king, and Eden has almost zero remaining. I don't know how the ASX hasn't suspended trading.
 
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