2.4/2.5c was where the support is, so no surprise they pumped to 3.1c. If it's an institutional placement, which I am starting to believe will happen, they will be given a 'discount' of 15% on their shares, or about a 2.4c/2.5c placement.
It's not a coincidence, it's purposeful. They give Eden money, get given free shares, and then dump on market to the support levels. The retails who buy between 2.4c and 3.1c are the ones who lose out.
After this is complete, what happens is the 2.4/2.5c becomes a resistance level, and we go and find where the next support is. Probably at 2c or so.
Ann: Trading Halt, page-42
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