EDE 0.00% 0.2¢ eden innovations ltd

Ann: Trading Halt, page-26

  1. 3,000 Posts.
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    Understand your feelings, Bomoh. Edencrete itself, though, is not garbage. Management? I'm wondering. I'm trying to get my head around the fact we have 1.2mill in the bank and the Longstreet draw-down facility which was, I thought, supposed to obviate the need for CR's for a year. The Investor Presentation clearly outlined a definite path to profitability within that time frame.
    Yet here we are facing another capital raising with no details offered as to whether its a rights issue-which we've just had- or a private placement. What gives? When are we going to see clear, concise communication with shareholders? I won't hold my breath.

    donnybrook
 
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