EDE 0.00% 0.2¢ eden innovations ltd

Well the UK gas assets are IMO not going anywhere soon - most of...

  1. 87 Posts.
    Well the UK gas assets are IMO not going anywhere soon - most of the licenses are in Wales who have just announced a moratorium on unconventional extraction. Investment in this area is also waning along with everyone's interest in the sector so not surprised that EDE management aren't publicising the fact!
    I am surprised on the Optiblend front though as they had recruited a sales rep so would have thought this may be someone connected or able to bring orders etc.? But sadly no info has been released so expect the worse.
    IMO too much cash burn and juggling too many balls. Back the one and sell the rest ? (Hythane could be appealing on its own to a prospective purchaser?). Then use the capital to see things through properly.
    Big changes needed or you will be reading about ede in the obituaries. (Hope not though!)
 
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