EDE 100% 0.2¢ eden innovations ltd

Crunch time ?, page-269

  1. 17,164 Posts.
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    FH, just be patient IMO.

    http://edeninnovations.com/wp-conte...-project-f9aee4189d6d8c9ca7b9df6c841c6149.pdf

    Valley Prestressed may only be using 0.5gal/cu yd, but the GDOT are trialling 2 gal/cu-yard. Valley Prestressed will still likely be ordering $1m of additive pa, so thats a lot of precast concrete.

    I think concerns that Eden can't sell Edencrete are flat out wrong. At this price, I think EDE and TAS are both bargains, esp TAS. Nutty things do happen in the share market, look at how much people lost by dumping shares in good quality companies during the GFC.

    Even if Eden go ahead and raise some capital in the US at a discount and they temporarily flood the market with new shares, the only thing that really matters is that the company does get orders and does make a profit. Short term, the share price can gyrate up and down and create trading opportunities - as long as the product performs as expected and customers want it you will do fine.

    Nearly forgot, even if Eden does raise capital, I'm still pretty sure that there will be a sweetener to follow a few weeks after.
    Last edited by whytee: 03/05/17
 
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