As a long term holder of EDE I gotta say thank you HotCopper. You guys seem to have done more DD and more research htan I have into EDE and it makes me feel like I have made the right decision.
In 2017 I did a small bit of research and kept holding since. My main takeaway was this:
Doing some quick calculations, we can work out how EDE could be a steal at the current ~aud20c price. For a 1% capture of the annual USD45B highway bill is USD450m. Revenue for EDE becomes ~29.3c per share using a dilution of 1,537,400,442 (shares outstanding plus options, May '17). Assuming a 20% net margin profit of ~5.9c per share. Applying a P/E ratio of 15 gives a conceptual price of ~88c. So right off the bat we have a +300% increase in the share price.
I still believe I am holding a 2+ bagger. DYOR and thanks fam
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As a long term holder of EDE I gotta say thank you HotCopper....
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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($) | Vol. | No. |
---|---|---|
0.2¢ | 25399856 | 22 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
65 | 207177417 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 25099856 | 21 |
0.003 | 49546223 | 26 |
0.004 | 5516034 | 6 |
0.005 | 4631540 | 3 |
0.006 | 3376383 | 2 |
Last trade - 14.18pm 03/09/2024 (20 minute delay) ? |
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