EDE 0.00% 0.2¢ eden innovations ltd

The problem with EDE is that it is still burning cash. FY 2016...

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    The problem with EDE is that it is still burning cash. FY 2016 rev 1.2 mil NPAT -3 mil RP -59 mil FY 2020 Rev 2.4 mil NPAT -9 mil RP -99 mil. So in 4 years they managed to lose -40 mil even though revenue did increase I think SOI 2016 was about 1000 mil then be 2020 1600 mil now 1900 mil and after the CR @ 2c SOI should reach 2100 mil The number of shares will have doubled, One thing that always has me fascinated is the dangled carrot of the free option. In this case exercise price of 5 cents. Companies don't normally come up with these figures unless they think they are achievable. Could the soufle rise twice why not. I have to admit I do hold TAS shares. They seem to a few more arrows in their quiver. I will be watching this onne with interest. IMO only
 
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