Agreed , however sometimes rather than a devious sharemarket it is just the cash flow getting hit as they build up resources to increase sales .
For example I am associated with an engineering company that had to increase training the last financial year , (labour resource ) which put a big dent in earnings , but now they have major contracts in the USA and the share price has more than doubled - this could also occur for EDE .
EDE Share price, page-2
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Last
0.2¢ |
Change
0.001(33.3%) |
Mkt cap ! $8.216M | |||
| Open | High | Low | Value | Volume |
| 0.1¢ | 0.2¢ | 0.1¢ | $1.655K | 1.036M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 66 | 207377417 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 25109856 | 22 |
View Market Depth
| Last trade - 14.18pm 03/09/2024 (20 minute delay) ? |
| EDE (ASX) Chart |