i said earlier this year that eden has always burnt through more cash than they have estimated on the quarterlys and they would run out of money before the end of the year and we would see a large capital raising, but i was not expecting this. I had reduced my holding to about only 1/10th of what i was holding and had quit a bit of money put aside to buy back in at the right price.
Too many questions still to be answered for my liking, this was a great company when i first bought in, i think there was only 130 million shares on issue or there abouts. looks like there could be over a billion before we know it.
ive decided ill be calling the office to seek some answers before i decide what to do
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