EDE 0.00% 0.2¢ eden innovations ltd

Ann: Trading Halt, page-177

  1. 5,841 Posts.
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    It would not surprise me in the least if he is distracted. Something big is brewing at CHK (oak dam west 2kms from BHP) ( which I'm in ) and TAS share price is lifting this am which is pretty impressive after the rights issue. Also happy to report I got my full shortfall placement of 250,000 shares to top up.

    I implied somewhere else on these threads a few days ago that there could be a couple of left field announcements affecting TAS/EDE

    1. FMG hits something impressive and I'm looking out for that all important word, Bornite, when drilling results announced which will be a while off yet I think.
    2. CHK reports a monster intercept, which their hole 4 already looks like being, which puts a rocket under the whole area again and thus inflates TAS price, as the tide rises
    3. NICNAS approval comes in for EDE pre Xmas
    4. A major contract comes in for one or more of EDE's products.
    5. News on Edenplast
    6. News on Hydrogen

    If EDE have raised $7m, ( which I'd be impressed by) investors have to have been enticed, and I can only think that that enticement is an expectation of positive news around the corner which either lifts their investment or provides a liquidation event. Either way this is all very much better than Long State deal, which I assume remains in place anyway.




 
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